HDFC Bank Limited
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. It is engaged in providing a range of banking and…
What HDFC files
- Others236
- Important61
- Investor Meet57
- Updates24
- Dividend/Bonus22
- Board Meeting10
HDFC Bank Limited has informed the Exchange regarding 'Grant of stock options under Employees Stock Option Scheme 2024 and Grant of Restricted Stock Units under Employees Stock Incentive Master Scheme 2022'.
LIC received regulatory approval to raise its stake in HDFC Bank to 9.99% of paid-up capital. LIC currently holds 4.11%, indicating potential for significant future acquisition.
HDFC Bank completed its MSRDC deposit arrangement review. Findings revealed employee business overreach, not malafide intent. The Board issued warning letters and a ₹0.01 Cr monetary penalty for three senior employees, including the MD & CEO. The issue will be communicated to the RBI.
HDFC Bank shows robust operational expansion. Advances surged up to 15.4% YoY to ₹30,61,000 Cr. Total deposits increased by 14.7% YoY to ₹31,70,500 Cr, with time deposits growing 17.4% YoY, indicating strong business momentum.
HDFC Bank announced the conclusion of its independent review into a former director's resignation statements. External firms found his claims unsubstantiated by records or witness interviews, resolving the issue.