
The private sector lender has fixed Tuesday, August 26, as the record date to determine shareholder eligibility. This means that only those holding the stock at the close of trading today will be entitled to receive bonus shares.
The move is particularly significant as it is the first bonus issue in HDFC Bank’s history, a landmark development for India’s largest private sector lender by market capitalization.
Under the 1:1 bonus ratio, shareholders will receive one additional share for every share they currently own, effectively doubling the number of shares held without impacting the overall value of their investment.
Market participants often view bonus issues as a sign of confidence from management, reflecting the bank’s ability to reward shareholders while maintaining strong financial health.
HDFC Bank Q1 results
The bonus announcement comes on the heels of solid Q1FY26 earnings. HDFC Bank reported a 12% year-on-year growth in standalone net profit, which rose to Rs 18,155 crore compared with Rs 16,175 crore in the same period last year.Interest income during the quarter climbed to Rs 77,470 crore, marking a 6% increase over the Rs 73,033 crore reported in the corresponding quarter of FY25. The bank’s net interest income (NII) also expanded by 5.4% year-on-year to Rs 31,440 crore, compared to Rs 29,840 crore in Q1FY25.
Meanwhile, core net interest margin (NIM) stood at 3.35% on total assets, marginally lower than the 3.46% reported in the preceding quarter ended March 2025. The decline was attributed to assets repricing faster than deposits.
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