HDFC Bank Limited (HDB) Investors: Securities Fraud Class Action Filed, Contact Hagens Berman Before October 13, 2026 Lead Plaintiff Deadline

A securities fraud class action has been filed against HDFC Bank Limited for allegedly concealing a covert scheme involving Rs 45 crore in disguised payments to induce state deposits while misrepresenting governance and compliance. The fraud involved routing above-market interest rate payments through the marketing department as sponsorship contributions, violating RBI regulations. The scheme surfaced in March 2026 with the resignation of the Chairman citing ethical concerns, followed by a May 2026 investigative report exposing the camouflaged payments. Investors who purchased HDFC securities between July 17, 2023, and May 26, 2026, can file claims by October 13, 2026.