HDFC Bank Limited — Board Meeting, 19-04-2025: Outcome of Board Meeting

The Board of Directors of HDFC Bank held a meeting and approved several key initiatives. Notably, they authorized the annual renewal of issuing Perpetual Debt Instruments, Tier II Capital Bonds, and Long-Term Bonds totaling up to ₹60,000 Cr, aimed at funding infrastructure and affordable housing over the next year, subject to shareholder approval. Additionally, M/s. Bhandari & Associates was appointed as Secretarial Auditors for FY 2025-26 to FY 2029-30 at a fee of ₹15 lakhs annually. Mr. Prasun Singh's elevation to Group Head – Ethics Function was also approved, effective June 1, 2025.