Recent events
Recent events tied to this brand in public sources.
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2026
HDFC Bank receives authorisation to accept CGAS deposits
HDFC Bank received government authorisation to accept deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The bank said it would offer the facility through its urban and semi-urban branches.
2026
HDFC Bank introduces Flexi (Green) Electric Car Loan
HDFC Bank introduced its Flexi (Green) Electric Car Loan, which allows borrowers to repay an electric vehicle’s body and battery over separate tenures.
2026
HDFC Bank announces credit card transaction fees
HDFC Bank announced a 1% fee on rent payments, wallet loads exceeding ₹10,000, and utility payments exceeding ₹50,000, according to the article.
2026
HDFC Bank probe finds executives leaked confidential information
Reuters, citing Bloomberg News, reported that an HDFC Bank probe found executives had leaked confidential information.
2026
HDFC Bank festive card discounts
HDFC Bank is offering festive discounts across shopping categories, including a 10 per cent discount on select Instamart purchases for eligible credit cardholders, subject to conditions.
2026
HDFC Bank reports quarterly profit increase
Reuters reported that HDFC Bank's quarterly profit rose 4.7%, narrowly missing estimates as treasury income slumped.
2026
NPCI BHIM Services launches Tatkal NPS on BHIM Payments App
NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India, announced that Tatkal NPS, a scheme introduced by regulator PFRDA, is now available on the BHIM Payments App, enabling eligible users to open a National Pension System (NPS) account via UPI in three steps without a branch visit or fresh paperwork. The service is initially available to banking customers of State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank and Bank of Baroda, with a minimum initial contribution of Rs 250 and subsequent contributions starting from Rs 10.
2026
HDFC Bank sued in US securities class action over alleged MSRDC payment scheme
Investor Jwalant Natvarlal Soneji filed a proposed securities class action in the US District Court for the Southern District of New York on 13 August 2026 against HDFC Bank, MD&CEO Sashidhar Jagdishan and CFO Srinivasan Vaidyanathan, alleging the bank concealed an arrangement involving around ₹45 crore in payments to MSRDC recorded as marketing expenditure and made materially misleading disclosures. HDFC Bank rejected the lawsuit as without merit and said it intends to defend itself vigorously.
2026
Dharwad consumer commission fines HDFC Bank over extra credit cards
The Dharwad District Consumer Disputes Redressal Commission held that HDFC Bank committed deficiency in service and unfair trade practice by issuing three credit cards to Kishore Desai, who had applied for only one, and by demanding Rs 72,328 in charges for the additional cards. The commission directed the bank to cancel the two extra cards, barred recovery of the Rs 72,328, and ordered payment of Rs 50,000 compensation plus Rs 2,000 in litigation costs.
2022
MG Motor India introduces MG ePay digital car-finance platform
MG Motor India introduced MG ePay, an online car-finance platform offering customers financing options through a consortium of banks. The company said the facility would be available across India.
2022
HDFC Bank director resigns
HDFC Bank announced that non-executive, non-independent director Srikanth Nadhamuni resigned effective February 18, 2022, citing potential future transactions or arrangements between the bank and a company in which he may be interested.
2021
Equitas Small Finance Bank and HDFC Bank announce co-branded credit-card partnership
Equitas Small Finance Bank announced a partnership with HDFC Bank to launch co-branded credit cards in two categories.
2021
HDFC Bank and Paytm announce co-branded credit-card partnership
HDFC Bank announced a tie-up with Paytm to sell co-branded credit cards, with the launch planned for October 2021.
2021
HDFC Bank and NSIC partner to offer MSME credit support
HDFC Bank signed a memorandum of understanding with the National Small Industries Corporation to offer credit support to MSMEs across India.
2021
HDFC Bank partners with Creditas Solutions on a digital credit portal
HDFC Bank partnered with Creditas Solutions to offer loan and credit card customers a guided, customised digital debt-management and self-service repayment platform.
2021
HDFC Bank CEO apologizes for technology outages
HDFC Bank CEO Sashi Jagdishan apologized to customers and stakeholders for technology outages and said the bank would improve and intensify efforts to fix the problem.
2021
HDFC Bank mobile app outage resolved
HDFC Bank customers experienced issues with the mobile banking app; the bank advised customers to use net banking while the issue was being addressed. The app services were restored within about an hour. The bank apologized for the inconvenience.
2021
RBI fines HDFC Bank
The Reserve Bank of India imposed a Rs 10 crore penalty on HDFC Bank for contraventions of the Banking Regulation Act, following an examination that found violations involving marketing and sale of third-party non-financial products to bank customers.
2021
Samsung announces Galaxy A32 purchase offers
Samsung announced consumer offers in India for the Galaxy A32, including a Rs 3,000 exchange bonus and cashback of up to Rs 2,000 with eligible HDFC Bank transactions, or Rs 1,500 with ZestMoney transactions.
2021
Maruti Suzuki launches Smart Finance
Maruti Suzuki launched Smart Finance, an online platform providing customers with an end-to-end car-loan process, including loan offers from multiple financiers, online document submission and loan-status tracking. The platform was available in 30 cities at the time described.