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
29-Nov-2025 00:56:48
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG251129OTHRX6M1
Submitted By (Co./ Ind. Name)
HDFC BANK LIMITED
Designation
Vice President
Effective Date and Time of the event
28/11/2025 17:00:00
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that, a penalty of Rs. 91,00,000 has been imposed on the Bank by the Reserve Bank of India ( RBI ) vide order dated November 18, 2025 received by the Bank via email on November 28, 2025.

The details required are as follows:

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 the financial position of the Bank as on March 31, 2024

5 Nature and details of the action(s) taken or order(s) passed RBI, in exercise of the powers conferred under Section 47A(1)(c) read with section 46(4)(i) of the Banking Regulation Act, 1949, imposed a penalty of Rs. 0.91 crore vide the above-mentioned speaking order.

6 Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority. November 28, 2025
7 Details of the violation(s)/contravention(s) committed or alleged to be committed Contravention of the directions contained in Section 7(a)(b) & (c) of Reserve Bank of India (Interest Rate on Advances) Directions, 2016; Paragraph 2 of Annex to the Reserve Bank circular dated November 3, 2006 on Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks read with Paragraph 8(b) of Reserve Bank of India (KYC) Directions and Section 19(1)(a) read with Section 6(1) of the Banking Regulation Act, 1949.
8 Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible Rs. 0.91 crore
9 Action(s) taken by listed company with
respect to the communication The Bank has since undertaken corrective action to address the issue. Further, HDBFS has also taken corrective actions to address the issue. The Bank as well as HDBFS are in compliance with above-mentioned Directions, as on date.
10 Any other relevant information -

You are requested to take note of the above.

Attachments

SGX.pdf
Total size =485K