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
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HDFC Bank Limited has informed the Exchange about General Updates
HDFC Bank is redeeming INR 739 Cr Additional Tier 1 Notes via a call option. This repays principal and interest, a strategic step to optimize the bank's capital structure.
HDFC Bank received an ESG rating of 74.4 from SES ESG Research. The bank clarified this rating was unsolicited, independently prepared using public domain information, not through bank engagement.
HDFC Bank's MD&CEO, Sashidhar Jagdishan, will retire on October 26, choosing not to seek re-appointment despite Board persuasion. The Board will fast-track the selection process for his successor, acknowledging his pivotal contributions to the bank's growth and successful merger.
HDFC Bank's MD&CEO, Sashidhar Jagdishan, will not seek re-appointment and is set to retire. The Board will expedite the process to select his successor.