Business

Axis Bank Names HDFC Veteran Rahul Shukla to Lead Commercial and Bharat Banking

Published: 17 October 2026 · 1 min read

What Happened

Axis Bank has appointed veteran banker Rahul Shukla as Group Executive and Head of Commercial and Bharat Banking, effective October 20, 2026. Shukla joins from HDFC Bank, where he spent more than 30 years and most recently served as Group Head of Commercial and Rural Banking. He will report to Axis Bank CEO and MD Amitabh Chaudhry.

Key Takeaways

Shukla will oversee Axis Bank's commercial banking operations, including services for SMEs and rural markets. The appointment brings an executive with more than three decades of banking experience into one of the bank's key growth businesses.

Sources

Livemint, Economic Times, Moneycontrol