2m 2m 2m 2m 2m 2m 2m
- $119.9BMarket Cap
- -32.28%1-Year Change
- Banks - RegionalIndustry
H D F C Bank Sp ADR (HDB)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 47
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
HDB Investors Have Opportunity to Lead HDFC Bank Limited Securities Fraud Lawsuit with SBS Law
Schall, Brown & Schwartz LLP announced a class action lawsuit against HDFC Bank Limited for alleged securities fraud. The company is accused of making false and misleading statements by disguising payments as marketing costs to hide higher interest rates for state-controlled firms, with senior management's knowledge and approval. The class period spans July 17, 2023 to May 26, 2026, with a deadline of October 12, 2026 for shareholders to participate.
09/11/2026, 9:56 AM • GlobeNewswire
A class action lawsuit has been filed against HDFC Bank Limited for allegedly camouflaging payments as marketing expenses to pay higher interest rates to a state firm to induce deposits. The scheme involved disguising approximately $4.7 million in markup payments as sponsorship fees. The disclosure led to significant stock price declines on March 18, 2026 (7.28%) and May 27, 2026 (4.1%). Investors who purchased HDFC securities between July 17, 2023 and May 26, 2026 may be eligible to participate in the lawsuit.
09/10/2026, 5:47 PM • GlobeNewswire
HDFC Bank Limited faces a class action securities fraud lawsuit alleging the company camouflaged approximately $4.7 million in covert payments as marketing spend to induce deposits from a state firm. The scandal, which involved senior management approval, triggered significant stock price declines following the resignation of the Chairman in March 2026 and investigative reporting in May 2026. Shareholders who purchased HDFC securities between July 17, 2023 and May 26, 2026 have until October 13, 2026 to file lead plaintiff motions.
09/08/2026, 3:30 PM • GlobeNewswire
A class action lawsuit has been filed against HDFC Bank Limited alleging that the bank made materially false and misleading statements regarding its financial performance. The complaint claims HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm to induce deposits, with approval from senior management. These activities allegedly violated regulations and the bank's own policies, resulting in overstated interest income and operating expenses. Investors who purchased HDFC Bank securities between July 17, 2023 and May 26, 2026 are encouraged to join the case, with a lead plaintiff deadline of October 13, 2026.
09/06/2026, 12:00 PM • GlobeNewswire
HDFC Bank Limited faces a securities class action lawsuit for allegedly failing to disclose material information between July 2023 and May 2026. The Indian Express reported that HDFC disguised approximately Rs 45 crore ($4.7 million) as marketing expenses to pay above-market interest rates to Maharashtra State Road Development Corporation. An internal investigation identified over ten senior officials involved, including CEO Sashidhar Jagdishan. The stock fell 4.1% on the news. Investors with losses exceeding $100,000 have until October 13, 2026 to file lead plaintiff applications.
09/02/2026, 10:13 PM • GlobeNewswire
Hagens Berman has filed a securities fraud class action lawsuit against HDFC Bank Limited and its executives, alleging the bank concealed a scheme involving approximately Rs 45 crore ($4.7 million USD) in disguised payments to induce state deposits while providing above-market interest rates. The fraudulent practices allegedly violated RBI regulations and the bank's internal policies, resulting in overstated financials. The scheme surfaced following the resignation of the Chairman in March 2026 and an investigative report in May 2026, causing HDFC's stock to decline sharply. The class period covers July 17, 2023 to May 26, 2026, with a lead plaintiff deadline of October 13, 2026.
09/02/2026, 6:54 PM • GlobeNewswire
A class action lawsuit has been filed against HDFC Bank Limited and certain officers for alleged securities law violations. The complaint alleges that HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm to induce deposits, activities approved by senior management that likely violated regulations. This resulted in overstated interest income and operating expenses, making positive statements about the bank's business materially misleading.
09/02/2026, 12:00 PM • GlobeNewswire
Portnoy Law Firm Announces Class Action on Behalf of HDFC Bank Limited Investors
HDFC Bank Limited faces a class action lawsuit alleging that the company camouflaged payments as marketing spend to pay higher interest rates to a state firm to induce deposits. The scheme was allegedly approved by senior management and likely violated regulations. An internal probe concluded that over ten top officials, including CEO Sashidhar Jagdishan, bore responsibility. The stock price fell over 7% following the resignation announcement of the part-time Chairman and over 4% after the allegations were publicly reported.
09/01/2026, 9:45 PM • GlobeNewswire
Stock Market Today, Aug. 31: Stocks Edge Lower as Oil Prices Surge Again
U.S. stock markets declined on August 31, 2026, as surging oil prices above $90 a barrel amid U.S.-Iran military tensions dampened investor risk appetite. The S&P 500 fell 0.33%, the Dow Jones dropped 0.70%, and the Nasdaq edged down 0.12%. Despite the daily decline, the S&P 500 finished August with a 2.6% gain. Energy stocks gained while basic materials and industrials saw the biggest losses. Investors remain cautious ahead of potential Federal Reserve rate hikes in September.
08/31/2026, 5:07 PM • The Motley Fool
Holzer & Holzer, LLC announced lead plaintiff deadlines for shareholder class action lawsuits against Alarum Technologies Ltd., Blaize Holdings, Inc., and HDFC Bank Limited. The lawsuits allege material misstatements and non-disclosures regarding NetNut's legal exposure, improper revenue recognition, and camouflaged payments practices respectively. Investors who purchased shares during specified periods and suffered losses are encouraged to seek lead plaintiff status by October 5-12, 2026.
08/31/2026, 7:00 AM • GlobeNewswire
Rosen Law Firm is reminding investors who purchased HDFC Bank Limited (NYSE: HDB) securities between July 17, 2023 and May 26, 2026 of an October 13, 2026 deadline to join a class action lawsuit. The lawsuit alleges that HDFC Bank made materially false statements by camouflaging payments as marketing spend to pay higher interest to a state firm, activities allegedly approved by senior management that likely violated regulations and overstated interest income and operating expenses.
08/30/2026, 7:47 PM • GlobeNewswire
A class action lawsuit has been filed against HDFC Bank Limited alleging that the bank made materially false and misleading statements regarding its financial performance. The complaint claims HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm to induce deposits, activities allegedly approved by senior management that likely violated regulations and the bank's own policies. As a result, the bank's interest income and operating expenses were overstated. Investors who purchased HDFC Bank securities between July 17, 2023 and May 26, 2026 are encouraged to join the lawsuit.
08/30/2026, 12:00 PM • GlobeNewswire
A class action lawsuit has been filed against HDFC Bank Limited alleging that the bank made materially false and misleading statements regarding its financial performance. The complaint claims HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm to induce deposits, activities allegedly approved by senior management that likely violated regulations. The class period covers purchases between July 17, 2023 and May 26, 2026, with a lead plaintiff deadline of October 13, 2026.
08/26/2026, 12:00 PM • GlobeNewswire
HDFC Bank Limited faces a securities class action lawsuit for failing to disclose that it disguised approximately Rs 45 crore ($4.7 million) as marketing expenditures to pay above-market interest rates to Maharashtra State Road Development Corporation. An internal investigation identified over ten senior officials responsible, including CEO Sashidhar Jagdishan. The stock declined 4.1% on the news. Investors have until October 13, 2026 to file lead plaintiff applications.
08/25/2026, 10:11 PM • GlobeNewswire
A securities fraud class action has been filed against HDFC Bank Limited for allegedly concealing a covert scheme involving Rs 45 crore in disguised payments to induce state deposits while misrepresenting governance and compliance. The fraud involved routing above-market interest rate payments through the marketing department as sponsorship contributions, violating RBI regulations. The scheme surfaced in March 2026 with the resignation of the Chairman citing ethical concerns, followed by a May 2026 investigative report exposing the camouflaged payments. Investors who purchased HDFC securities between July 17, 2023, and May 26, 2026, can file claims by October 13, 2026.
08/25/2026, 7:28 PM • GlobeNewswire
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MoreInformation as of 09/11/2026
Company Profile
HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments. It offers savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car and pre owned car, marriage, two-wheeler, business, doctor, educational, gold, consumer, and rural loans; loans against properties, securities, mutual funds, and car; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital, term loans, supply chain management, project finance, export finance, commercial vehicle / equipment finance, tractor finance, infrastructure, and agriculture finance. In addition, it offers credit, debit, prepaid, forex, and kisan gold cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; and insurance and investment products. Further, the company provides short term finance, bill discounting, structured finance, export credit, loan repayment, custodial, and documents collection services; online, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; channel financing, vendor financing, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services; and financial solutions for supply chain partners and agricultural customers. It operates branches and automated teller machines in various cities/towns. The company was incorporated in 1994 and is headquartered in Mumbai, India.
Key Executives
- Kaizad Maneck Bharucha
- Sashidhar Jagdishan
- Vedanthachari Srinivasa Rangan
- Srinivasan Vaidyanathan
- Madhu Chhibber
Current Ownership Distribution
- Institutions7.5B (89.84%)
- Mutual Funds827.4M (9.89%)
- Insiders22.0M (0.26%)
- Other0 (0.00%)