General Announcement::Disclosure
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
12-Jul-2025 16:38:38
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG250712OTHRXKQE
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
It is hereby informed that, a penalty of Rs. 4,88,000 has been imposed on the Bank by the Reserve Bank of India ( RBI ) on July 11, 2025, details of which are provided in the below table.
Sr. no Particulars Details
1 Name of the listed entity HDFC Bank Limited
2 Name of the authority from whom communication is received RBI
3 Type of communication received Speaking Order issued by RBI
4 Period for which communication would be
applicable, if stated Penalty is in respect of a loan disbursed by the Bank in November, 2021
5 Nature and details of the action(s) taken or order(s) passed Penalty under section 11(3) of Foreign Exchange Management Act, 1999 has been imposed by RBI for contravention of below-mentioned Master Directions issued by RBI
6 Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority. July 11, 2025
7 Details of the violation(s)/contravention(s) committed or alleged to be committed Paragraph 9.3.6 of the Master Direction - Foreign Investment in India dated January 4, 2018 (as updated from time to time)
8 Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible Rs. 4,88,000 (Rupees Four Lakh Eighty Eight Thousand Only)
9 Action(s) taken by listed company with
respect to the communication The Bank has since undertaken corrective action to address the issue
10 Any other relevant information -
Attachments
SGXRBIPenalty11jul2025.pdf
Total size =490K
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