HDB ALERT: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages HDFC Bank Limited (NYSE: HDB) Investors to Contact its Legal Team Regarding Securities Fraud Class Action Lawsuit

Hagens Berman has filed a securities fraud class action lawsuit against HDFC Bank Limited and its executives, alleging the bank concealed a scheme involving approximately Rs 45 crore ($4.7 million USD) in disguised payments to induce state deposits while providing above-market interest rates. The fraudulent practices allegedly violated RBI regulations and the bank's internal policies, resulting in overstated financials. The scheme surfaced following the resignation of the Chairman in March 2026 and an investigative report in May 2026, causing HDFC's stock to decline sharply. The class period covers July 17, 2023 to May 26, 2026, with a lead plaintiff deadline of October 13, 2026.