HDFC Bank's Landmark Bonus Issue and Special Dividend Announcement

In a historic move, HDFC Bank has announced its first-ever 1:1 bonus issue, alongside a special interim dividend of Rs 5 per share. This significant decision marks a milestone for India's largest private sector lender since its inception.

Record Dates and Dividend Details

The bank has set Wednesday, August 27, 2025, as the record date for the bonus shares and Friday, July 25, 2025, for the special dividend. Shareholders can expect the dividend payout on Monday, August 11, 2025.

Financial Performance Highlights

Alongside these announcements, HDFC Bank reported a 12% year-on-year increase in standalone net profit to Rs 18,155 crore for Q1FY26. Total interest income also saw a 6% rise, reaching Rs 77,470 crore.

Net interest income (NII) grew by 5.4% to Rs 31,440 crore, although the core net interest margin (NIM) slightly decreased to 3.35%.

Operational Expenses and Cost-to-Income Ratio

Operating expenses for the quarter rose to Rs 17,430 crore, with the cost-to-income ratio, excluding transaction gains, at 39.6%.