UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of July, 2022

Commission File Number 001-15216

 

 

HDFC BANK LIMITED

(Translation of registrant’s name into English)

 

 

HDFC Bank House, Senapati Bapat Marg,

Lower Parel, Mumbai. 400 013, India

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒                Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes  ☐    No  ☒

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes  ☐    No  ☒

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.    Yes  ☐    No  ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_Not Applicable______________.

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

HDFC BANK LIMITED

                (Registrant)
Date: July 4, 2022     By  

/s/ Santosh Haldankar

    Name: Santosh Haldankar
    Title:   Sr. Vice President (Legal) & Company Secretary


EXHIBIT INDEX

The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this Report pursuant to the General Instructions for Form 6-K.

Exhibit    I

Description    

Communication dated July 4, 2022 addressed to The New York Stock Exchange, 11, Wall Street, New York, NY 10005, United States of America (USA) informing about Intimation.


July 4, 2022

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Intimation.

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, we would like to intimate the following:

 

1)

The Bank’s advances aggregated to approximately  13,950 billion as of June 30, 2022, a growth of around 21.5% over  11,477 billion as of June 30, 2021 and a growth of around 1.9% over  13,688 billion as of March 31, 2022. Gross of transfers through inter-bank participation certificates and bills rediscounted, the Bank’s advances grew by around 22.5% over June 30, 2021 and around 2.8% over March 31, 2022.

As per the Bank’s internal business classification, retail loans grew by around 21.5% over June 30, 2021 and around 5.0% over March 31, 2022; commercial & rural banking loans grew by around 29.0% over June 30, 2021 and around 3.0% over March 31, 2022; and corporate & other wholesale loans grew by around 15.5% over June 30, 2021 and were at a level similar to that as of March 31, 2022.

 

2)

The Bank’s deposits aggregated to approximately  16,050 billion as of June 30, 2022, a growth of around 19.3% over  13,458 billion as of June 30, 2021 and a growth of around 2.9% over  15,592 billion as of March 31, 2022.

Retail deposits grew by around 18.5% over June 30, 2021 and around 3.5% over March 31, 2022; wholesale deposits grew by around 22.5% over June 30, 2021 and around 0.5% over March 31, 2022.

 

3)

The Bank’s CASA deposits aggregated to approximately  7,345 billion as of June 30, 2022, a growth of around 20.1% over  6,118 billion as of June 30, 2021 and were lower by around 2.2% over  7,510 billion as of March 31, 2022. The Bank’s CASA ratio stood at around 46% as of June 30, 2022, as compared to 45.5% as of June 30, 2021 and 48.2% as of March 31, 2022.


4)

During the quarter ended June 30, 2022, the Bank purchased loans aggregating  95.33 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.

The above information is subject to a limited review by the statutory auditors of the Bank.

We request you to bring the above to the notice of all concerned.

Thanking you,

Yours faithfully,

For HDFC Bank Limited

Sd/-

Santosh Haldankar

Senior Vice President - Legal & Company Secretary