Financial Statements and Related Announcement::Full Yearly Results

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFC BANK US$500M3%N180306 - XS0897434949 - 2QPB
Stapled Security
No

Announcement Details

Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
21-Apr-2017 20:01:34
Status
New
Announcement Sub Title
Full Yearly Results
Announcement Reference
SG170421OTHRVK3E
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Senior Manager
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
We attach herewith the Audited Financial Results for the quarter and year ended 31st March 2017 (both standalone and consolidated), segment reporting and summarized Balance Sheet as on 31st March, 2017, duly approved by the Board of Directors at its meeting held today. The press release in this regard is also enclosed.

The Board of Directors have recommended a dividend of Rs. 11/- per equity share of Rs. 2/- each (i.e. 550%) out of the net profits for the year ended 31st March, 2017, subject to approval of the shareholders at the ensuing Annual General Meeting of the Bank.

The Board of Directors have approved the issue of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Senior Long Term Infrastructure Bonds up to a total amount of Rs. 50,000 crore in the period of next twelve months through private placement mode, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Bank and any other regulatory approvals as applicable.

Further, subject to the approval of the Reserve Bank of India and the shareholders at the ensuing Annual General Meeting of the Bank, the Board of Directors have approved the re-appointment of Mrs. Shyamala Gopinath as Part Time Non-Executive Chairperson of the Bank, for the period from 2nd January, 2018 till 19th June, 2019, i.e. on her completing 70 years of age, or till such other date as the RBI may approve.

This is for your information and record.

Additional Details

For Financial Period Ended
31/03/2017

Attachments

SGX.pdf
Total size =300K