New Delhi, Aug. 31 -- Dinesh Kumar Khara, former Chairman of State Bank of India, is in the spotlight after HDFC Bank's MD & CEO, Sashidhar Jagdishan, announced that he will not seek a new term as chief executive when his tenure ends in October.

Jagdishan's decision suddenly put HDFC Bank in transition mode - putting succession in focus.

A CNBC-TV18 report, citing sources, suggested that Khara is in the running for the next HDFC Bank MD & CEO. Livemint could not independently verify the news report.

The news outlet, citing sources, said the board of India's largest private-sector lender even approached Khara for the part-time Chairman position, but he declined. This came after Atanu Chakraborty quit HDFC Bank in March, and Rajiv Kumar ...