HDFC Bank Limited Securities Fraud Class Action Result of Deceptive Interest Payments and Approximately 4% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

HDFC Bank Limited faces a securities class action lawsuit for failing to disclose that it disguised approximately Rs 45 crore ($4.7 million) as marketing expenditures to pay above-market interest rates to Maharashtra State Road Development Corporation. An internal investigation identified over ten senior officials responsible, including CEO Sashidhar Jagdishan. The stock declined 4.1% on the news. Investors have until October 13, 2026 to file lead plaintiff applications.