HDFC Bank Ltd Share Price – NSE /  BSE

Banks, Mid Cap

HDFC Bank will hold a meeting of the Board of Directors of the Company on 18 April 2026.

Powered by Capital Market - Live News

HDFC Bank has allotted 13,85,694 equity shares to the employees of the Bank pursuant to exercise of options/RSU's under its Employees Stock Options Scheme (ESOS).

With this, the paid up equity share capital of the Bank has increased to 15,39,33,68,328 equity shares of Re.1/- each.

Powered by Capital Market - Live News

The board of HDFC Bank at its meeting held on 23 March 2026 has approved the appointment of external law firms (domestic and international), to conduct review regarding Atanu Chakraborty's resignation letter. The said law firms have been advised to provide their report on the same within a reasonable period of time.

Powered by Capital Market - Live News

The stock is down 10.50% in four consecutive sessions.

The decline follows reports that the bank has terminated three senior employees after an internal investigation into alleged mis-selling of AT1 bonds to NRI clients.

According to media reports, the action follows a detailed review of transactions conducted via the bank?s overseas operations. The transactions were primarily linked to its Dubai branch.

The issue relates to the sale of Credit Suisse AT1 bonds. These bonds were written off after Credit Suisse went bankrupt and was taken over by another banking giant, UBS.

Reports suggest some NRI clients were encouraged to move FCNR deposits to overseas accounts. These funds were then used to invest in high-risk AT1 bonds.

The development comes amid regulatory scrutiny and investor concerns. It also adds to pressure following the recent resignation of part-time chairman Atanu Chakraborty.

Chakraborty stepped down on 18 March 2026 citing certain developments not aligned with his personal values and ethics. The Reserve Bank of India subsequently approved Keki Mistry as interim chairman for three months starting 19 March 2026.

The RBI has also stated that the bank remains well-capitalised with no material concerns on governance or financial stability.

Meanwhile, in its analyst call, the bank?s management and board members reiterated that there are no material governance or operational issues, with internal controls, risk management and oversight mechanisms remaining robust.

Brokerage sentiment has turned cautious. A domestic brokerage has cut its target price to Rs 1,090 from Rs 1,200, citing governance-related overhang.

HDFC Bank is India's largest private sector lender. As of 31st December 2025, the bank's distribution network was at 9,616 branches and 21,176 ATMs across 4,170 cities/ towns as against 9,143 branches and 21,049 ATMs across 4,101 cities/ towns as of 31 December 2024.

The bank reported a 11.46% jump in standalone net profit to Rs 18,563.75 crore on 2.91% increase in total income to Rs 90,005 crore in Q3 FY26 over Q3 FY25.

Powered by Capital Market - Live News