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
03-Apr-2025 12:20:02
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG250403OTHR70OF
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
Kindly note that Securities and Exchange Board of India has issued an administrative warning letter to the Bank thereby alleging certain non-compliances in relation to Custodian activities being carried out by the Bank in terms of SEBI (Custodian) Regulations, 1996.
The details of the above letter is given below:

Name of the authority - Securities and Exchange Board of India ( SEBI )
Nature and details of the action(s) taken or order(s) passed - In the nature of administrative warning letter received from SEBI
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority - April 2, 2025
Details of the violation(s)/contravention(s) committed or alleged to be committed - Pursuant to inspection of custody activities undertaken by the bank, SEBI issued administrative warning letter for alleged non compliance with certain regulatory guidelines, which are applicable to Custodians.
Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible - No impact

The Bank will take necessary steps to rectify the lapses mentioned in such letter.
We request you to bring the above to the notice of all concerned.

Attachments

SGX_Foreign intimation_SEBI_02apr2025.pdf
Total size =477K