HDFC Bank Announces AGM Date and Auditor Appointment

Hdfc Bank ( (HDB) ) just unveiled an announcement.

On June 20, 2025, HDFC Bank’s Board of Directors convened to discuss several key decisions. The bank announced the scheduling of its 31st Annual General Meeting (AGM) for August 8, 2025, which will be conducted via video conferencing. Additionally, the Board approved a dividend payment of Rs. 22 per equity share, contingent upon shareholder approval at the AGM, with the payment date set for August 11, 2025. Furthermore, the Board approved the appointment of M/s. B S R & Co. LLP as one of the Joint Statutory Auditors for a three-year term, replacing M/s. Price Waterhouse LLP, subject to shareholder and Reserve Bank of India approvals. This strategic move aims to ensure compliance with regulatory guidelines and maintain robust financial oversight.

The most recent analyst rating on (HDB) stock is a Buy with a $74.00 price target. To see the full list of analyst forecasts on Hdfc Bank stock, see the HDB Stock Forecast page.

Spark’s Take on HDB Stock

According to Spark, TipRanks’ AI Analyst, HDB is a Outperform.

HDFC Bank’s overall score reflects strong financial health and positive technical momentum, balanced by fair valuation and mixed earnings call sentiment. Key strengths include robust income growth and stable credit metrics, while challenges arise from macroeconomic pressures and significant liabilities.

To see Spark’s full report on HDB stock, click here.

More about Hdfc Bank

HDFC Bank Limited is a prominent financial institution in India, primarily operating in the banking sector. The bank offers a wide range of financial products and services, including retail banking, wholesale banking, and treasury operations. It is known for its strong market presence and focus on leveraging technology to enhance customer experience.

Average Trading Volume: 2,948,579

Technical Sentiment Signal: Buy

Current Market Cap: $173.8B

For an in-depth examination of HDB stock, go to TipRanks’ Overview page.