Key Developments: HDFC Bank Ltd (HDBK.BO)

HDBK.BO on Bombay Stock Exchange

5 Mar 2015
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Latest Key Developments (Source: Significant Developments)

HDFC Bank Ltd appoints Chairperson
Friday, 2 Jan 2015 05:51am EST 

HDFC Bank Ltd:Says Shyamala Gopinath has been appointed as part time Non-Executive Chairperson of the Bank for a period of 3 years with effect from Jan. 02.She has assumed charge from Jan. 02.  Full Article

HDFC Bank Ltd announces retirement of part-time Chairman
Wednesday, 27 Aug 2014 09:12am EDT 

HDFC Bank Ltd:Says that Mr. C. M. Vasudev has relinquished his office as an Independent Director and Part-Time Chairman of the Bank at the close of business hours on Aug. 26.  Full Article

HDFC Bank proposes to raise100 bln Indian rupee Via Equity Shares
Monday, 19 May 2014 03:52am EDT 

HDFC Bank Ltd:Proposes to raise the equity share capital of up to an aggregate sum of 100 bln Indian rupee including share premium amount.  Full Article

HDFC Bank Ltd recommends dividend
Tuesday, 22 Apr 2014 04:50am EDT 

HDFC Bank Ltd:Recommended dividend of 6.85 Indian rupee per equity share of 2 Indian rupee each for year ended March 31, 2014.  Full Article

HDFC Bank Ltd To Mop-Up INR2.5 Billion Via Debentures - Business Standard
Wednesday, 20 Nov 2013 02:28am EST 

Business Standard reported that HDFC Bank Ltd raise INR2.5 billion through non convertible debentures (NCDs) for general corporate requirements. Non-Convertible Debentures are loan-linked bonds issued by a company that cannot be converted into stocks and usually offer higher interest rate than convertible debentures. According to sources, the one-day NCD issue would open and close on November 26.  Full Article

HDFC Bank Ltd To Open Over 300 New Branches-Business Standard
Thursday, 29 Aug 2013 01:44am EDT 

Business Standard reported that HDFC Bank Ltd is planning to open over 300 new branches across the country and hire 1,000 to 2,000 people as part of its expansion programme in the current fiscal.  Full Article

Reserve Bank of India Penalizes Axis Bank Ltd, HDFC Bank Ltd, ICICI Bank Ltd-DJ
Monday, 10 Jun 2013 09:36am EDT 

Dow Jones reported that India's central bank said June 10, 2013 it has imposed penalties on the country's three private-sector banks after it found that they have violated anti-money-laundering and customer-verification rules. The Reserve Bank of India imposed a fine of INR50 million ($860,00) on Axis Bank Ltd., INR45 million ($774,000) on HDFC Bank Ltd. and INR10 million ($172,000) on ICICI Bank Ltd.. The RBI said it scrutinized the books of these banks and evaluated the business processes at their headquarters and some branches in March and April following allegations that they had violated the rules.  Full Article

HDFC Bank Ltd Recommends Dividend
Tuesday, 23 Apr 2013 04:57am EDT 

HDFC Bank Ltd announced that the Board of Directors at its meeting held on April 23, 2013 have recommended a dividend of INR5.50 per equity share of INR2 each (that is 275%) out of the net profits for the year ended March 31, 2013.  Full Article

HDFC Bank Ltd Announces Allotment Of Equity Shares Pursuant To Exercise Of Options
Thursday, 4 Apr 2013 01:51am EDT 

HDFC Bank Ltd announced that the Bank has allotted on April 04, 2013, 728,290 equity shares of the Bank pursuant to exercise of options.  Full Article

UPDATE 1-India's HDFC Bank Q3 profit up 20.2 pct as loan demand rises

* Sees pickup in corporate credit demand in next two quarters (Adds management comments after results, details, context)

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