HDFC Bank logo

HDFC Bank share price

NSE: HDFCBANKBSE: 500180BanksLarge Cap

HDFC Bank Limited · Face value ₹1 · Listed May 1995 on BSE, Nov 1995 on NSE
Last close ₹685.30up ₹5.10 (0.75%)BSE ₹685.90

Share price at the NSE close on 28 Oct 2026. Previous close ₹680.20.

28 Oct: open ₹674.15, high ₹687.10, low ₹669.20

52-week range of traded prices to 28 Oct 2026
₹669.20Low, 28 Oct 2026₹1,017.50High, 1 Dec 2025
Market cap
₹10,56,636 Cr2nd largest listed
P/E
13.19
P/B
1.75
Dividend yield
1.90%
ROE
14.0%
NIM
3.86%
Gross NPA
1.11%
Net NPA
0.37%
CET1
18.87%
Volume, NSE
2,85,34,20653.9% delivered

HDFC Bank share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−31.7%over a year · Nifty Private Bank −6.0% · Nifty 500 −8.8%

Results20-session average 3,23,28,863 shares a day, 57.5% delivered

About HDFC Bank

HDFC Bank Limited is a bank based in Mumbai that takes deposits and offers loans and other financial services to individuals, micro, small and medium enterprises (MSMEs), large companies, government bodies and financial institutions.123 It serves customers in every state and union territory of India through branches, business correspondents (local agents who provide basic banking services on its behalf) and digital channels.42

It reports its results in treasury, retail banking, wholesale banking and other banking operations (cards, sale of third-party products and primary dealership in government securities); its consolidated accounts add an insurance segment.536 Its main subsidiaries are HDFC Life Insurance Company Limited, HDB Financial Services Limited (a non-banking finance company), HDFC ERGO General Insurance Company Limited, HDFC Asset Management Company Limited, which manages HDFC Mutual Fund, and HDFC Securities Limited, a stockbroker.7 Outside India it has branches in Hong Kong, Bahrain, the Dubai International Financial Centre and Singapore, a banking unit in GIFT City, Gujarat, and representative offices in Nairobi, Abu Dhabi, Dubai and London.8

It was incorporated in August 1994, after Housing Development Finance Corporation (HDFC) Limited received in-principle approval from the Reserve Bank of India to set up a private sector bank, and began operations in January 1995.910 HDFC Limited merged into the bank with effect from 1 Jul 2023, adding home loans and bringing life and general insurance, mutual fund and broking subsidiaries into the group.1112 The bank has no identified promoter and is overseen by its board of directors.10

HDFC Bank key points

Results

  • Consolidated profit was ₹207.0 billion in the quarter to Sep 2026, up 5.6% on a year earlier, on consolidated net revenue (net interest income plus other income) of ₹786.9 billion, up 9.6%.13
  • On a standalone basis (the bank alone), profit after tax was ₹195 billion in the quarter to Sep 2026, and net interest margin (interest earned less interest paid, as a share of total assets) was 3.16%.14
  • For the year to Mar 2026, standalone net revenue (net interest income plus other income) was ₹1,91,218.6 crore, against ₹1,68,302.4 crore a year before; profit after tax ₹74,671.3 crore, up 10.9%.15
  • For the year to Mar 2026, the board recommended a final dividend of ₹13.0 a share, ₹15.50 in all with a ₹2.50 special interim dividend (adjusted for the bonus issue). In that year it issued its first bonus shares, 1 for every share held (1:1).16

Market position

  • HDFC Bank is India's largest private sector bank by assets, the company says.17
  • HDFC Bank's share of deposits in India's banking system was 11.5%, and of advances 14.0%, at the end of Sep 2026.1819

Loan book and deposits

  • Share of advances under management by segment202122
    ItemSep 2026Mar 2026
    Mortgages28%29%
    Retail assets25%24%
    Small and mid-market21%21%
    Corporate and other wholesale26%26%
    Advances under management (the bank's own measure of its loan book) were up 15.3% on a year earlier.
  • Deposits were ₹33,274 billion at the end of Sep 2026, up 18.8% on a year earlier, and CASA deposits (current and savings accounts, which pay little or no interest) were 32% of them.232425
  • At the end of Sep 2026, gross non-performing assets (loans whose repayments are overdue beyond a set period) were 1.11% of loans, and the capital adequacy ratio was 18.9%, of which CET1 (core equity capital) was 17.1%.26

Branches and reach

  • HDFC Bank had 9,706 branches at the end of Sep 2026. At the end of Mar 2026, 3,213 branches were in semi-urban and 1,645 in rural areas, and it had 21,172 ATMs and cash recycler machines in 4,175 cities and towns.272829
  • HDFC Bank had 103.6 million customers and 2,10,109 employees at the end of Sep 2026.3031

Subsidiaries

  • Stake held by the bank3233
    ItemSep 2026
    HDB Financial Services74.08%
    HDFC Life Insurance50.53%
    HDFC AMC52.29%
    HDFC ERGO General Insurance50.24%
    HDFC Securities93.93%
  • HDFC Life Insurance had an individual weighted received premium market share of 16.2% (new premium, with single premiums counted at a tenth) in the quarter to Sep 2026; its profit after tax was ₹5.1 billion, up 14% on a year earlier.34
  • HDFC AMC managed average assets of ₹9.7 trillion in the quarter to Sep 2026, an 11.1% share of the mutual fund market.35
  • HDB Financial Services' loan book was ₹1,245 billion at the end of Sep 2026, up 11.7% on a year earlier; HDFC ERGO had a 5.2% share of the general insurance industry's gross direct premium in the quarter.3637

What the company expects

  • On its earnings call of 18 Jul 2026, the company said its aim is to bring its CASA ratio back to around 38%, its level around the time of the merger.38
  • On its earnings call of 18 Jul 2026, the company said it wants retail loans to be about 60% of its loan mix, against 52% then, in line with consumption's share of India's GDP.39

Recent events

  • On 12 Sep 2026, the board approved sending the Reserve Bank of India (RBI) its preferred candidates for managing director and chief executive officer, and the appointment of Jimmy Tata as an executive director, both subject to RBI approval.40
  • On 29 Jun 2026, the board appointed Rajiv Kumar part-time chairman; as of its annual report of 11 Jul 2026 this awaited RBI and shareholder approval, and the documents give no outcome. On its call of 18 Jul 2026, it called him its new chairman.4142
  • Atanu Chakraborty resigned as part-time chairman on 18 Mar 2026 and Keki Mistry became interim chairman; on 26 Jun 2026 the bank said external law firms found, in essence, that his resignation letter's statement was not substantiated by the record reviewed and witness interviews.4344
  • On 6 May 2026, the RBI approved the bank's group entities, such as HDFC Mutual Fund, holding up to 9.95% of ICICI Bank and of Kotak Mahindra Bank in aggregate until 5 May 2027; the bank itself does not intend to invest.45

Litigation and regulatory matters

  • On 28 Nov 2025, the RBI fined the bank ₹91,00,000 for not using one external benchmark rate within a loan category, a subsidiary's business not covered under Section 6 of the Banking Regulation Act, 1949, and outsourced customer identity (KYC) checks; it was paid.46

Last updated

All 46 sources, each with its page
  1. 1. Annual report, 11 Jul 2026, page 511
  2. 2. Annual report, 11 Jul 2026, page 582
  3. 3. Annual report, 11 Jul 2026, page 469
  4. 4. Annual report, 11 Jul 2026, page 67
  5. 5. Annual report, 11 Jul 2026, page 468
  6. 6. Annual report, 11 Jul 2026, page 564
  7. 7. Annual report, 11 Jul 2026, page 304
  8. 8. Annual report, 11 Jul 2026, page 286
  9. 9. Annual report, 11 Jul 2026, page 63
  10. 10. Annual report, 11 Jul 2026, page 67
  11. 11. Annual report, 11 Jul 2026, page 64
  12. 12. Annual report, 11 Jul 2026, page 41
  13. 13. Investor presentation, 17 Oct 2026, page 28
  14. 14. Investor presentation, 17 Oct 2026, page 3
  15. 15. Annual report, 11 Jul 2026, page 41
  16. 16. Annual report, 11 Jul 2026, page 41
  17. 17. Annual report, 11 Jul 2026, page 67
  18. 18. Investor presentation, 17 Oct 2026, page 40
  19. 19. Investor presentation, 17 Oct 2026, page 41
  20. 20. Investor presentation, 17 Oct 2026, page 15
  21. 21. Investor presentation, 17 Oct 2026, page 15
  22. 22. Investor presentation, 17 Oct 2026, page 2
  23. 23. Investor presentation, 17 Oct 2026, page 5
  24. 24. Investor presentation, 17 Oct 2026, page 2
  25. 25. Investor presentation, 17 Oct 2026, page 15
  26. 26. Investor presentation, 17 Oct 2026, page 3
  27. 27. Investor presentation, 17 Oct 2026, page 38
  28. 28. Annual report, 11 Jul 2026, page 61
  29. 29. Annual report, 11 Jul 2026, page 109
  30. 30. Investor presentation, 17 Oct 2026, page 39
  31. 31. Investor presentation, 17 Oct 2026, page 38
  32. 32. Investor presentation, 17 Oct 2026, page 22
  33. 33. Investor presentation, 17 Oct 2026, page 22
  34. 34. Investor presentation, 17 Oct 2026, page 24
  35. 35. Investor presentation, 17 Oct 2026, page 25
  36. 36. Investor presentation, 17 Oct 2026, page 23
  37. 37. Investor presentation, 17 Oct 2026, page 26
  38. 38. Earnings call, 18 Jul 2026, page 9
  39. 39. Earnings call, 18 Jul 2026, page 8
  40. 40. Exchange filing, 12 Sep 2026, page 1
  41. 41. Annual report, 11 Jul 2026, page 38
  42. 42. Earnings call, 18 Jul 2026, page 3
  43. 43. Annual report, 11 Jul 2026, page 41
  44. 44. Annual report, 11 Jul 2026, page 42
  45. 45. Exchange filing, 6 May 2026, page 1
  46. 46. Annual report, 11 Jul 2026, page 556

Results

Consolidated; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.HDFC Bank quarterly results

Total income growth, 12 months
+4.6%
Net profit growth, 12 months
+10.7%

Quarter to Sep 2026, against the quarter before

Total income
₹1,29,359 Crdown 2.82%
Net profit
–

Total income by quarter

₹1,12,194 CrDec 24₹1,20,269 CrMar 25₹1,33,055 CrJun 25₹1,18,561 CrSep 25₹1,26,927 CrDec 25₹1,16,920 CrMar 26₹1,33,110 CrJun 26₹1,29,359 CrSep 26
Peak total income ₹1,33,110 Cr, quarter to Jun 2026; lowest ₹1,12,194 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹18,340 CrDec 24Mar 25₹17,090 CrJun 25Sep 25₹20,691 CrDec 25Mar 26₹20,383 CrJun 26Sep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Total income1,12,1941,20,2691,33,0551,18,5611,26,9271,16,9201,33,1101,29,359
Net profit18,340–17,090–20,691–20,383–
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net profit is left blank for Mar 2025, Sep 2025, Mar 2026 and Sep 2026: the filing states no share for the other owners of the company's subsidiaries while the periods either side do, so the group's profit is not stated.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Retail Banking₹3,01,854 Crup 6.50%41.8%
  • Wholesale Banking₹1,74,506 Crdown 9.09%24.1%
  • Insurance Business₹1,08,080 Crup 0.42%14.9%
  • Treasury₹82,158 Crup 32.03%11.4%
  • Other Banking Operations₹36,841 Crup 3.93%5.1%
  • Others₹19,507 Crup 13.84%2.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.HDFC Bank PE ratio and valuation

Price to earnings

At or below today's level on 0.1% of 2,413 trading days over the last 10 years.

LowestHighest
Its median22.47Industry median11.68
Price to book

At or below today's level on 0.1% of 1,916 trading days since Oct 2018.

LowestHighest
Its median3.21Industry median1.16
Dividend yield

At or below today's level on 99% of 2,429 trading days over the last 10 years.

LowestHighest
Its median0.81%Industry median0.75%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−17.9%+6.7%−25.0%2.1%
3 years−1.6%+6.2%−8.8%1.6%
5 years+1.0%+11.3%−10.5%1.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of all the company's shares, counting those held against depositary receipts traded abroad, from the filing for Sep 2026. The company has no promoter group.HDFC Bank shareholding pattern

Shareholding by group

  • Foreign institutions34.16%
  • Indian institutions37.82%
  • Individuals and others14.71%
  • Depositary receipts13.30%
Holder
LIFE INSURANCE CORPORATION OF INDIAInsurance companies4.24%
NPS TRUST- A/C HDFC PENSION FUND MANAGEMENT LIMITED SCHEME E - TIER IProvident and pension funds2.82%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I1.85%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUNDForeign portfolio investors, category I1.09%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I1.08%
VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDSForeign portfolio investors, category I1.05%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: foreign institutions −2.10 pts, Indian institutions +1.49 pts, mutual funds +1.09 pts.

Mutual fund holdings

737 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 238 of the 423 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 8 more funds filed their first portfolio on record, holding it.All 737 funds holding HDFC Bank

Bought for the first time
5
Bought again
6
Added
277
Cut
146
Held unchanged
295
Sold out
8
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund29,72,87,84810.38%₹21,068.8 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund20,50,09,99512.59%₹14,549.6 Cr
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund15,87,29,2247.75%₹11,249.1 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund10,19,53,75910.38%₹7,225.5 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund9,66,02,96612.59%₹6,855.9 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund9,54,38,22110.38%₹6,763.7 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund9,23,50,4466.03%₹6,544.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund9,08,96,4738.44%₹6,441.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Value FundICICI Prudential Mutual Fund7,63,51,3979.45%₹5,411.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund7,20,74,5426.07%₹5,107.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.HDFC Bank insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 410 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

HDFC Bank competitors and peers

Private Sector Bank, 20 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to HDFC Bank in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
ICICI Bank logoICICI BankICICIBANK9,88,94416.742.41+7.9%+10.8%15.5%2.09%4.20%0.87%
Kotak Mahindra Bank logoKotak Mahindra BankKOTAKBANK4,37,70720.382.25+12.4%+15.6%11.8%2.05%4.68%0.15%
Axis Bank logoAxis BankAXISBANK3,79,87012.681.65+7.4%+15.2%14.0%1.47%3.58%0.08%
The Federal Bank logoThe Federal BankFEDERALBNK85,55516.491.95+10.6%+31.5%12.8%1.18%3.46%0.35%
IDBI Bank logoIDBI BankIDBI83,42810.051.15+2.7%−10.6%11.8%2.10%3.54%0.00%
IndusInd Bank logoIndusInd BankINDUSINDBK66,30522.090.98−2.3%–4.5%0.16%3.88%0.18%
IDFC First Bank logoIDFC First BankIDFCFIRSTB63,40421.091.28+13.4%+109.2%6.3%0.43%6.22%0.34%
RBL Bank logoRBL BankRBLBANK54,30045.061.25+9.0%+122.7%4.0%0.54%4.52%0.29%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.HDFC Bank dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.8Mar 173.3Mar 183.8Mar 191.3Mar 203.3Mar 217.8Mar 229.5Mar 239.8Mar 2411Mar 2516Mar 26
Highest ₹15.50 a share, year to Mar 2026.
Ex-dateTypePer share
19 Jun 2026Final₹13.00
25 Jul 2025Special₹5.00
27 Jun 2025Final₹22.00
10 May 2024Final₹19.50
16 May 2023Final₹19.00
12 May 2022Final₹15.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.HDFC Bank announcements

HDFC Bank share price by year

Each calendar year to 2025.HDFC Bank share price history

YearClose at year endChangeHighest closeLowest close
2025991.20+11.8%1,012.90814.90
2024886.43+3.7%935.88692.03
2023854.63+5.0%864.10731.70
2022814.08+10.1%831.13640.65
2021739.70+3.0%844.35683.53
2020718.15+12.9%720.90383.85
2019636.05+19.9%651.20508.68
2018530.43+13.3%550.54458.15
2017468.10+55.2%471.13296.38
2016301.55+11.5%328.18235.66
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026689.70690.25678.65680.20683.664,06,14,93050.9%
26 Oct 2026692.10693.80684.00688.05688.632,34,89,75550.6%
23 Oct 2026692.55696.80686.85692.80692.131,89,89,02254.5%
22 Oct 2026701.45703.35689.10694.05695.146,02,80,57659.3%
21 Oct 2026709.55715.40698.25706.95706.832,65,73,70361.1%
19 Oct 2026733.40733.40707.15712.00713.563,35,24,13341.8%
16 Oct 2026727.90734.90724.30728.85729.562,89,36,90266.2%
15 Oct 2026715.00728.00710.70726.85722.503,73,65,17760.2%
14 Oct 2026712.30718.55707.95710.70712.522,39,45,37359.8%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
26 Aug 2025Bonus0.5000Holders received 1 bonus share for every 1 held.
19 Sep 2019Split0.5000Each share became 2.
14 Jul 2011Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Keki M Mistry
At the end of the quarter to Jun 2026
Managing director and CEO
Sashidhar Jagdishan
At the end of the quarter to Jun 2026
NSE symbol
HDFCBANK
BSE code
500180
ISIN
INE040A01034
Industry
Banks
CIN
L65920MH1994PLC080618
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013, Maharashtra
Share registrar
Datamatics Business Solutions Ltd
Keeps the register of shareholders and handles transfers and dividend payments