ATLANTA, GA – – (Globe Newswire – August 14, 2026) – – A shareholder class action lawsuit has been filed against HDFC Bank Limited (“HDFC”) (NYSE: HDB). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts, including allegations that: (1) HDFC camouflaged payments as marketing spend to pay higher interest to a state firm in order to induce deposits; (2) these activities were approved by senior management; (3) these activities likely violated regulations HDFC’s own policies, including those that prohibit payments that could constitute improper inducement; and (4) as a result of the foregoing, HDFC’s interest income and operating expenses were overstated.

 If you purchased HDFC shares between July 17, 2023 and May 26, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/hdfc-bank/ for more information.

The deadline to ask the court to be appointed lead plaintiff in the case is October 12, 2026.