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HDFCBANK

The Securities and Exchange Board of India (SEBI) has issued an administrative warning to

due to alleged non-compliance with regulatory guidelines concerning its custody operations. This action follows a periodic inspection that identified specific lapses in the bank's custodian activities. Details of the Warning Date of Issuance: The warning letter was dated April 2, 2025. Regulatory Compliance: The lapses were related to the SEBI (Custodian) Regulations, 1996, which govern the operations of custodians in the financial sector. Impact on Operations: has clarified that this warning does not have any financial or operational impact on its activities. Bank's Response Corrective Measures: has committed to taking necessary steps to rectify the identified lapses mentioned in the warning letter. Regulatory Filing: The bank disclosed this information in a regulatory filing with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Conclusion is addressing the concerns raised by SEBI and aims to ensure compliance with all regulatory guidelines moving forward.