Exhibit 99
August 19, 2025
New York Stock Exchange
11, Wall Street,
New York,
NY 10005
USA
Dear Sir,
Sub: Intimation of revision in credit rating
We wish to inform that S&P Global Ratings has upgraded the Bank’s (issuer) credit rating and outlook to BBB/Stable/A-2 from BBB-/Positive/A-3, subsequent to the upward revision in the sovereign credit rating on India to ‘BBB/Stable/A-2’ from ‘BBB-/Positive/A-3’.
Further, the Bank’s standalone credit profile (SACP) has been maintained at “a-”.
This is for your information and appropriate dissemination.
Thanking you,
Yours faithfully,
For HDFC Bank Limited
Sd/-
Ajay Agarwal
Company Secretary
Group Head – Secretarial & Group Oversight