olivLaw · US equity research
HDFC Bank Limited HDB
Commercial Banks, NEC · SIC 6029 · Vertical: Commercial Banks, NEC (SIC 6029)
HDFC Bank is one of India's largest private banks, offering retail, wholesale, treasury and insurance services through branches and digital channels. Total assets reached 52621.2 billion INR at March 31, 2026, and net income for fiscal 2026 was 704.8 billion INR, while loan growth and margin pressure are closely watched by investors.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, HDFC Bank Limited (HDB) stock was 24.33 USD (+5.55% on the day), with market capitalisation 186.2 bn USD, P/E 23.4 on diluted EPS of 1.04 USD over the last 12 months, dividend yield 1.07%, beta 0.48, 52-week range 21.36–37.13 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 65.7
- strong (55–70)
- Bollinger (20, 2)
- 21.10 – 24.07
- above the upper band · %B 1.09 · band width 13.2%
- SMA 50 / 200
- 22.68 / 25.67
- mixed trend
- MACD (12, 26, 9)
- 0.05 / -0.12
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +10.0% | −2.0% | +12.0 pp | — |
| 3 months | +2.0% | −2.2% | +4.2 pp | — |
| 6 months | −5.1% | +4.3% | −9.3 pp | — |
| Year to date | −33.4% | +10.6% | −44.0 pp | — |
| 1 year | −32.9% | +10.5% | −43.3 pp | +23.0% |
| 3 years | −16.0% | +73.7% | −89.6 pp | +132.7% |
| 5 years | −31.5% | +61.7% | −93.2 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 11 percentile of its own 9-quarter history (min 22.4, median 31.0, max 48.6; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.8 bn | 8.6 bn | 8.9 bn | 10.7 bn | 11.8 bn | 13.8 bn | 22.2 bn | 25.6 bn |
| Revenue YoY | +19.4% | +10.3% | +3.9% | +19.6% | +10.0% | +17.0% | +61.6% | +15.2% |
| Net income | 2.7 bn | 3.2 bn | 3.5 bn | 4.5 bn | 5.1 bn | 6.0 bn | 7.5 bn | 7.9 bn |
| Net income YoY | +26.5% | +16.1% | +8.5% | +29.1% | +14.1% | +18.5% | +23.9% | +5.5% |
| Diluted EPS | 1.05 | 1.18 | 0.62 | 0.80 | 0.91 | 1.07 | 1.05 | 1.04 |
| Diluted EPS YoY | +25.0% | +12.4% | −47.5% | +29.0% | +13.7% | +17.6% | −1.9% | −1.0% |
| net % | 35.1% | 37.0% | 38.6% | 41.7% | 43.3% | 43.8% | 33.6% | 30.8% |
| Free cash flow | 1.3 bn | 2.4 bn | 2.0 bn | 12.4 bn | 7.3 bn | 5.3 bn | 11.6 bn | 13.2 bn |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Mar 2025
- Cash
- 23.2 bn USD
- Financial debt
- 84.0 bn USD
- Net debt
- 60.7 bn USD
- Equity
- 100.9 bn USD
- Total assets
- 564.1 bn USD
- Debt / equity
- 0.83x
- Current ratio
- unavailable
- ROE
- 8.1%
- ROA
- 1.4%
- FCF margin
- 51.6%
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Net interest income | 7.9 bn | 9.3 bn | 9.9 bn | 11.1 bn | 15.0 bn | 16.4 bn | SEC (XBRL)· 14 Jul 2025verified |
| Net fee income | 2.6 bn | 3.5 bn | 3.6 bn | 3.5 bn | 8.9 bn | 11.3 bn | SEC (XBRL)· 14 Jul 2025verified |
| Non-interest expense | 4.1 bn | 4.7 bn | 4.9 bn | 5.7 bn | 12.8 bn | 14.8 bn | SEC (XBRL)· 14 Jul 2025verified |
| Pre-tax income | 4.9 bn | 6.0 bn | 6.8 bn | 8.1 bn | 8.5 bn | 10.1 bn | SEC (XBRL)· 14 Jul 2025verified |
| Net income | 3.5 bn | 4.5 bn | 5.1 bn | 6.0 bn | 7.5 bn | 7.9 bn | SEC (XBRL)· 14 Jul 2025verified |
| Diluted EPS | 0.62 | 0.80 | 0.91 | 1.07 | 1.05 | 1.04 | SEC (XBRL)· 14 Jul 2025verified |
| Dividend per share | 0.03 | 0.09 | 0.20 | 0.23 | 0.23 | 0.26 | SEC (XBRL)· 14 Jul 2025verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 8.4 bn | 12.3 bn | 13.7 bn | 16.6 bn | 24.4 bn | 23.2 bn | SEC (XBRL)· 14 Jul 2025verified |
| Loans | 138.3 bn | 160.0 bn | 185.0 bn | 207.5 bn | 27.5 bn | 32.2 bn | SEC (XBRL)· 14 Jul 2025verified |
| Total assets | 211.7 bn | 245.8 bn | 278.3 bn | 313.4 bn | 529.4 bn | 564.1 bn | SEC (XBRL)· 14 Jul 2025verified |
| Deposits | 152.0 bn | 182.4 bn | 205.4 bn | 229.1 bn | 285.2 bn | 317.3 bn | SEC (XBRL)· 14 Jul 2025verified |
| Short-term debt | 5.0 bn | 3.3 bn | 7.3 bn | 13.3 bn | 15.8 bn | 15.3 bn | SEC (XBRL)· 14 Jul 2025verified |
| Long-term debt | 13.6 bn | 16.1 bn | 20.5 bn | 25.0 bn | 79.8 bn | 68.7 bn | SEC (XBRL)· 14 Jul 2025verified |
| Total liabilities | 186.6 bn | 216.2 bn | 245.2 bn | 277.9 bn | 434.8 bn | 463.1 bn | SEC (XBRL)· 14 Jul 2025verified |
| Equity | 25.2 bn | 29.6 bn | 33.1 bn | 35.5 bn | 94.6 bn | 100.9 bn | SEC (XBRL)· 14 Jul 2025verified |
| Shares outstanding at year end | 5.5 bn | 5.5 bn | 5.5 bn | 5.6 bn | 7.6 bn | 7.7 bn | SEC (XBRL)· 14 Jul 2025verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Dividends paid | 881.4 m | 2.3 m | 477.6 m | 1.1 bn | 1.0 bn | 1.9 bn | SEC (XBRL)· 14 Jul 2025verified |
Computed indicators
Growth
Profitability
Returns
Market and valuation
Banking
32 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 39 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40 · (margin_of_safety <= -0.25 & agreement in ['high', 'medium'])
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 186.2 bn USD
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
- Valuation8
- Returns33
- Quality40
- Balance sheet100
- Growth65
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 3.42 – 15.11 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Residual income11.43 – 11.96 (Mid 11.69)
- Justified P/B9.94 – 13.37 (Mid 11.40)
- Dividend discount (DDM)3.42 – 4.59 (Mid 3.92)
- Peers: P/E4.87 – 13.05 (Mid 10.04)6 companies used · median multiple 9.6x · quartiles 4.7x – 12.6xAVAL, BCH, BLX, KB, NTB, PGC
- Peers: P/B13.07 – 15.11 (Mid 13.77)3 companies used · median multiple 1.2x · quartiles 1.1x – 1.3xBLX, KB, PGC
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 39/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 9.1% | 16 (vs peers) | 19% |
| ROA · Quality | 1.4% | 74 (on a fixed band) | 7% |
| Cost-to-income · Quality | 53.4% | 47 (on a fixed band) | 12% |
| Net interest margin · Quality | 3.0% | 60 (on a fixed band) | 7% |
| EPS CAGR 3Y · Growth | 4.6% | 38 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | 29.7% | 100 (on a fixed band) | 7% |
| NPL ratio · Balance sheet | unavailable | unavailable | — |
| Cost of risk · Balance sheet | unavailable | unavailable | — |
| Loan-to-deposit · Balance sheet | 10.1% | 100 (on a fixed band) | 5% |
| P/B · Valuation | 2.1x | 17 (vs peers) | 12% |
| P/E (TTM) · Valuation | 23.4x | 0 (vs peers) | 12% |
| Dividend yield · Returns | 1.1% | 33 (vs peers) | 10% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/3 factors with a value
- Growth65/100 · 2/2 factors with a value
- Quality40/100 · 4/4 factors with a value
- Returns33/100 · 1/1 factors with a value
- Valuation8/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
HDFC BANK LIMITED (HDB). Latest full fiscal year: 2025; data up to 2025-03-31.
Figures computed from the financial statements: net interest income 16.4 bn USD in 2025; YoY growth 15.2%; net margin 30.8%; ROE 9.1%.
The estimated value range is 9.94–13.05 USD per share (median of 5 methods, agreement: high); assumptions are illustrative. Against the central value of 11.40 USD, the price of 24.33 USD leaves a potential of -53.1% (value / price − 1) and a margin of safety of -113.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 39/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROA: 1.4%
- Revenue CAGR 3Y: 29.7%
- Loan-to-deposit: 10.1%
What contradicts it
- ROE: 9.1%
- P/B: 2.1x
- P/E (TTM): 23.4x
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.
Versus the vertical median
Commercial Banks, NEC (SIC 6029) · same industry (4-digit SIC) · compared with 20 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BCHBank of Chile | 3,989.2 bn | 3.2 | 25,665.4% | 1,571,522.8% | −10.7% | +5% / +74% |
| HDBHdfc Bank Limited | 186.2 bn | 23.4 | 9.1% | 30.8% | +15.2% | −33% / −16% |
| KBKB Financial Group Inc. | 41.2 bn | 13.4 | 8.3% | 0.0% | +17.8% | +35% / +185% |
| NTBThe Bank of N.T. Butterfield & Son Limited | 2.2 bn | 10.1 | 21.4% | 38.2% | +4.6% | +19% / +100% |
| BLXForeign Trade Bank Of Latin America, Inc. | 1.9 bn | 9.2 | 16.2% | 67.8% | +14.1% | +14% / +110% |
| PGCPeapack Gladstone Financial Corp | 839.4 m | 16.4 | 7.7% | 16.4% | +24.1% | +75% / +91% |
| AVALGrupo Aval Acciones Y Valores S.A. | 30 | 0.1 | — | — | −2.4% | +3% / +93% |
| BMOBank Of Montreal | — | — | 10.1% | 24.0% | +10.6% | +41% / +116% |
| SUPVGrupo Supervielle S.A. | — | — | 13.6% | 12.2% | −13.9% | −48% / +73% |
| CMCanadian Imperial Bank Of Commerce | — | — | 13.7% | 28.9% | +13.8% | +39% / +190% |
| BAPCredicorp Ltd | — | — | 16.5% | 20.0% | +7.0% | +40% / +186% |
| VBNKVersaBank | — | — | 6.1% | 22.8% | +11.7% | +90% / +193% |
| LYGLloyds Banking Group plc | — | — | 10.0% | 24.0% | +7.9% | +3% / +141% |
| NWGNatWest Group plc | — | — | 14.2% | 19.3% | +3.1% | −1% / +209% |
| TDToronto Dominion Bank | — | — | 16.9% | 30.3% | +18.4% | +53% / +110% |
| INTRINTER & Co, INC. | — | — | 11.1% | 14.2% | +34.7% | −56% / −25% |
| SANBanco Santander, S.A. | — | — | 12.8% | — | +0.0% | +12% / +194% |
| MUFGMitsubishi UFJ Financial Group, Inc. | — | — | 9.1% | 14.6% | +9.5% | +39% / +156% |
| INGIng Groep NV | — | — | 15.6% | 32.4% | +21.8% | +27% / +133% |
| BCSBarclays PLC | — | — | 9.6% | 64.6% | +3.7% | +4% / +228% |
| RYRoyal Bank Of Canada | — | — | 15.3% | 30.6% | +16.1% | +36% / +132% |
1- and 3-year price returns: for HDB from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 15.75 Total return -34% · Per year -34% | 27.72 Total return 15% · Per year 15% | 41.57 Total return 72% · Per year 72% |
| 3 years | 18.68 Total return -20% · Per year -7% | 36.66 Total return 55% · Per year 16% | 59.87 Total return 151% · Per year 36% |
| 5 years | 22.16 Total return -3% · Per year -1% | 48.48 Total return 107% · Per year 16% | 86.21 Total return 265% · Per year 30% |
- Exit P/E± 9.16
- Net margin± 6.41
- Annual revenue growth± 4.78
- Annual dilution± 0.54
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 29 Jul 2026; since then the company filed 6-K (02 Nov 2026), 6-K (28 Oct 2026), 6-K (26 Oct 2026), 6-K (22 Oct 2026), 6-K (19 Oct 2026).
In brief
HDFC Bank is one of India's largest private banks, offering retail, wholesale, treasury and insurance services through branches and digital channels. Total assets reached 52621.2 billion INR at March 31, 2026, and net income for fiscal 2026 was 704.8 billion INR, while loan growth and margin pressure are closely watched by investors.
SWOT
Strengths
- A strong brand, an extensive branch network and digital channels, together with a broad customer base, form a distribution advantage that is hard to replicate 1.
- A low-cost deposit base and a controlled credit risk profile support the bank's ability to fund growth at competitive cost 1.
- A broad product range through insurance, mutual fund and broking subsidiaries allows cross-selling to the same customers 1.
Weaknesses
- The net interest margin declined after the Transaction with HDFC Limited, because the acquired portfolio had lower yields and higher funding costs 1.
- The complexity of the group structure, with many subsidiaries and an equity-accounted joint venture, requires rigorous governance and control 1.
- Return on tangible equity fell from the prior year, indicating pressure on returns as capital has grown 1.
Opportunities
- Demand for consumer and housing credit could grow as consumption recovers after tax cuts 1.
- Digitalisation and modernised banking platforms could widen the customer base without proportional branch costs 1.
- The Indian insurance and asset management markets, where the bank's subsidiaries already operate, could support fee income 1.
Threats
- Inflation from energy prices and the Middle East conflict could slow the economy and affect loan quality 1.
- Stricter rules on unsecured credit could limit growth in high-margin consumer segments 1.
- Competition from other private banks and digital players could press deposit costs and profit margins 1.
Risks
- Integration of the HDFC Limited Transactionmedium
The anticipated benefits of the Transaction may not be fully realised, which could affect results and the value of the shares 1.
- Asset quality in a weaker economymedium
An energy shock could raise non-performing loans, particularly in consumer and SME portfolios 1.
- Pressure on net interest marginmedium
If deposit costs do not track rate cuts, the net interest margin could continue to decline 1.
- Regulation of unsecured creditmedium
Regulatory measures on personal loans and credit cards could limit growth and raise capital requirements 1.
- Technology and cyber riskmedium
A disruption to core systems or a security incident could affect services and reputation, even with modernisation investments in place 1.
Investment thesis
What would need to be true (bull case)
- If credit demand and consumption continue to recover, a bank with low-cost deposits and a wide network could convert growth into profits above the sector average 1.
- If integration with HDFC Limited produces cost savings and cross-selling gains, profitability could return to earlier levels 1.
- Asset quality low relative to industry averages could support durable growth even in harder economic conditions 1.
What would break the thesis
- If the net interest margin keeps falling, return on capital could stay below historical levels, limiting the bank's appeal 1.
- If energy shocks and inflation persist, loan quality could deteriorate faster than expected 1.
- The complex group structure and ongoing integration could bring unexpected costs and delays in realising anticipated benefits 1.
What to watch
- Evolution of net interest margin after policy rate cutsQ1 2027
- Gross non-performing loan ratio and provisioning levelsQ1 2027
- Realisation of synergies from the HDFC Limited Transaction2027
- Growth of retail and SME lending after regulatory measuresnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 29 Jul 2026; since then the company filed 6-K (02 Nov 2026), 6-K (28 Oct 2026), 6-K (26 Oct 2026), 6-K (22 Oct 2026), 6-K (19 Oct 2026).
The business
HDFC Bank Limited, incorporated in 1994 and operating as a scheduled commercial bank since January 1995, is a private sector bank in India with four principal activities: retail banking, wholesale banking, treasury services and insurance services. As of March 31, 2026 it had 9689 branches, 21172 ATMs and cash deposit machines and over 100.6 million customers 1. Since the Transaction with HDFC Limited took effect on July 1, 2023, the group also includes life and general insurance, asset management and broking subsidiaries and a joint venture 1.
The bank reports a low-cost funding base: non-interest-bearing current accounts and low-interest savings accounts made up 32.3 percent of average total deposits in fiscal 2026, and the average cost of funds including equity was 3.8 percent 1. Gross non-performing customer assets were 1.2 percent of gross customer assets at March 31, 2026 1.
The corporate structure includes HDB Financial Services, HDFC Securities, HDFC Life, HDFC AMC and the joint venture HDFC ERGO, each extending the product range offered to customers 1. These entities diversify revenue but also add governance and regulatory complexity that the bank reports separately 1.
Segments
Retail
Retail banking covers deposit accounts, housing and SME loans, credit and debit cards, third-party mutual funds and insurance. The bank describes itself as the largest credit card issuer in India, with 26.3 million cards outstanding at March 31, 2026 1.
Wholesale and treasury
Wholesale banking provides working capital finance, trade services, cash management and supply chain financing, while treasury manages the balance sheet, liquidity and interest rate risk and foreign exchange and derivative advisory for institutional clients 1. The bank cites its large scale and low cost of funds as an advantage in competing for large financings 1.
Market context
The primary source for the macro backdrop is the bank's annual report. India's GDP growth was 7.7 percent in fiscal 2026, and the RBI estimates 6.6 percent for fiscal 2027, with energy price pressures noted 1. CPI inflation averaged 2.1 percent in fiscal 2026, and the policy repo rate was held at 5.25 percent at the June 2026 meeting 1.
Trends
- Policy rate cutsmixed
Rate reductions in 2025 could compress net interest margin if deposit costs do not fall in step with loan yields. The bank reported a net interest margin of 3.6 percent in fiscal 2026 1.
- Consumption recoverytailwind
A rebound in consumption supported by GST cuts could lift demand for retail loans and cards, an advantage for a portfolio strongly exposed to consumer finance 1.
- Energy price pressuresheadwind
The Middle East conflict and disruption in the Strait of Hormuz could raise inflation and weigh on growth, which could affect asset quality and credit demand 1.
- Digitalisation and technology modernisationmixed
The modernisation of core systems, with active-active and cloud-enabled architecture, could improve availability and scalability, though it requires continuing investment and carries execution risk 1.
Competitive position
The bank operates in a competitive Indian banking sector in which other private banks, public sector banks and digital players compete for deposits, loans and customers. The source does not name specific competitors, but the bank presents its network scale and cost of funds as its main differentiators 1.
Competition is most intense in housing finance, SME lending and insurance, where subsidiaries such as HDFC Life and HDFC ERGO face specialised companies. Differentiation depends on the ability to sell integrated services to the same customer base 1.
- Indian private sector banks
Direct competition for deposits, cards and retail and wholesale lending in India, not named individually in the source.
- Indian public sector banks
Competition for deposits and large financings, particularly in semi-urban and rural areas where the bank has a wide network.
- Life and general insurance companies
Competition for savings and protection products, directly relevant to the bank's insurance subsidiaries.
- Non-bank finance companies
Competition in vehicle loans, consumer loans and gold loans, segments where subsidiary HDB Financial Services is present.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- HDFC Bank Submits Names of Two Candidates for CEO Role to RBIBloomberg Markets · 12 Sept 2026 · EN
- HDFC Bank Is at Risk of Losing Its Top Nifty Spot to Rival ICICIBloomberg Markets · 03 Sept 2026 · EN
- HDFC Bank’s Nifty Crown Under Threat From ICICI Bank After CEO ExitBloomberg Markets · 03 Sept 2026 · EN
- HDFC Bank’s Bonds Fall to Record Low After CEO’s Shock ExitBloomberg Markets · 01 Sept 2026 · EN
- India’s largest private lender HDFC Bank sees shares rise after CEO announces surprise exitCNBC World · 31 Aug 2026 · EN
- HDFC Bank, ICICI Bank Eye FX Deposits For Margin BoostBloomberg Markets · 17 Jul 2026 · EN
- HDFC Bank Appoints Ex-Bureaucrat Rajiv Kumar as Part-Time ChairBloomberg Markets · 29 Jun 2026 · EN
- RBI Extends HDFC Bank Chairman Mistry’s Term by Three MonthsBloomberg Markets · 18 Jun 2026 · EN
- India’s HDFC Bank Lands Tightest-Ever Spread on Its Dollar BondBloomberg Markets · 17 Jun 2026 · EN
- HDFC Bank Shares Drop as Governance Report Deepens CEO’s WoesBloomberg Markets · 27 May 2026 · EN
The latest news item in our archive is from 12 Sept 2026; the newest SEC filing is from 02 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report (foreign issuer)02 Nov 2026
- Current report (foreign issuer)28 Oct 2026
- Current report (foreign issuer)26 Oct 2026
- Current report (foreign issuer)22 Oct 2026
- Current report (foreign issuer)19 Oct 2026
- Current report (foreign issuer)19 Oct 2026
- Current report (foreign issuer)14 Oct 2026
- Current report (foreign issuer)08 Oct 2026
- Current report (foreign issuer)05 Oct 2026
- Current report (foreign issuer)02 Oct 2026
Sources
- [1] Form 20-F, fiscal year ended 2026-03-31 · SEC / HDFC Bank Limited · 29 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.