Bharucha, who was appointed as deputy managing director in April 2023, has been related to the non-public sector lender since October 1995. He joined the board of administrators in 2014 as an govt director and is at present the longest-serving govt board member.
In his position as deputy managing director, Bharucha is accountable for offering strategic route to the financial institution’s property franchise, which spans retail asset merchandise corresponding to dwelling loans, auto loans, two-wheeler loans, private and enterprise loans, in addition to rural banking, sustainable livelihoods, micro, small and medium enterprises, and the transportation group. Within the wholesale banking phase, he oversees the rising company group, healthcare finance and company banking companies.
Beforehand, Bharucha additionally led the Financial institution’s capital markets, commodities and custody companies.
Previous to becoming a member of HDFC Financial institution, he labored with SBI Business and Worldwide Financial institution Ltd. from 1986 to 1995.