HDFC BANK LTD

HDFC Bank announced the successful issuance of USD 750 Million Senior Unsecured Bonds through its GIFT City IFSC Banking Unit. The bonds mature in 5 years with a coupon rate of 5.067% and are expected to be rated Baa3 by Moody's and BBB by S&P. The proceeds will be utilized for general banking activities, and the notes will be listed on the India International Exchange (IFSC) Limited and NSE IFSC.

HDFC Bank issued a clarification in response to queries from the National Stock Exchange of India Limited and BSE Limited regarding a media report. The report detailed an internal probe into a ₹45 crore interest payment. HDFC Bank stated that the matter does not materially impact its financial statements and that its internal controls are robust, thus not triggering any disclosure requirements under SEBI regulations. The bank reaffirmed its commitment to strong financial and risk management practices and high corporate governance standards.

HDFC Bank announced that its shareholders have approved amendments to the Employee Stock Incentive Plan 2022 through a postal ballot. The special resolution was passed with a requisite majority, with 87.452% of the votes cast in favor. The e-voting period concluded on May 20, 2026, and the results were scrutinized by B. Narasimhan.

HDFC Bank Limited received approval from the Reserve Bank of India (RBI) to hold an "aggregate holding" of up to 9.95% of the paid-up share capital or voting rights in ICICI Bank Limited and Kotak Mahindra Bank Limited. This approval, valid until May 5, 2027, was sought by HDFC Bank on behalf of its group entities, whose combined holdings were expected to exceed the 5% limit under RBI Directions, 2025. The Bank clarified that it does not intend to invest directly, and these investments by its group entities are part of their normal business operations.