General Announcement::Outcome of Board Meeting held on April 18, 2020

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Apr-2020 15:43:40
Status
New
Announcement Sub Title
Outcome of Board Meeting held on April 18, 2020
Announcement Reference
SG200420OTHRCQXD
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Asst Vice President
Description (Please provide a detailed description of the event in the box below)
Please find attached herewith the Audited Financial Results for the last quarter and year ended March 31, 2020 along with the audited consolidated accounts for the year ending March 31, 2020, duly approved by the Board of Directors at its meeting held today. The press release in this regard is also enclosed.

The Statutory Auditors of the Bank, M/s MSKA & Associates, Chartered Accountants, have issued the Audit Report on the Standalone and Consolidated financial results for the quarter and year ended March 31, 2020 with unmodified opinion.

The Reserve Bank of India, vide its circular dated April 17, 2020, has decided that banks shall not make any further dividend payouts from profits pertaining to the financial year ended March 31, 2020 until further instructions, with a view that banks must conserve capital in an environment of heightened uncertainty caused by COVID-19. Accordingly, the Board of Directors of the Bank, at their meeting held today, has not proposed any final dividend for the year ended March 31, 2020
This is for your information and record.

Attachments

SGXResult.pdf
Total size =7427K