HDFC Bank announces Sumant Rampal as mortgage business head

The board of directors of HDFC Bank announced on March 28 that Sumant Rampal has been appointed as Group Head- Mortgage Business with immediate effect, replacing Arvind Kapil. This decision was conveyed to the exchanges by the bank.

The appointment was approved based on the recommendation of the nomination and remuneration committee, the lender added.


Sumant Rampal brings over 24 years of experience with the bank, having worked across various business domains including corporate banking, emerging corporate group, and business banking verticals.

Previously, Rampal served as the Group Head-Business Banking Working Capital, Rural Banking Group, and Sustainability Livelihood Initiative.