HDFC Bank Limited — Board Meeting, 19-07-2025: Outcome of Board Meeting
19-07-2025 | 02:51 pm
19-07-2025 | 02:51 pm
HDFC Bank's Board of Directors has announced a board meeting outcome. The Bank reported a consolidated net profit of ₹16,260 Cr for the quarter. This figure includes a substantial gain from the partial sale of its HDB Financial Services stake, which reduced its holding to 74.19%. Shareholders will receive a special interim dividend of ₹5 per share. The Board also approved a 1:1 bonus share issue, meaning one new share for every share held, pending shareholder approval. The Bank proactively strengthened its balance sheet by making floating provisions of ₹9,000 Cr and contingent provisions of ₹1,700 Cr. Gross NPAs were at 1.40%, with Net NPAs at 0.47%.
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