HDFC Bank Limited Price & Performance (HDB)

The Reserve Bank of India has imposed a ₹75 lakh penalty on HDFC Bank for failing to adhere to KYC norms. Key violations include improper customer risk categorization and issuing multiple identification codes. This regulatory action follows a financial evaluation as of March 31, 2023.12

HDFC Bank's stock has shown mixed signals recently. While short-term buy indicators remain, declining trading volumes could signal caution. Analysts suggest monitoring closely, as the stock has risen by 11.13% since January but faces potential corrections.34

HDFC Bank's special fixed deposit schemes, offering higher interest rates, are set to close on March 31, 2025. Investors have a limited window to benefit from rates as high as 7.9% for certain tenures, amid speculation of upcoming rate cuts by the RBI.56