Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

For the month of September, 2024

Commission File Number 001-15216

HDFC BANK LIMITED

(Translation of registrant’s name into English)

HDFC Bank House, Senapati Bapat Marg,

Lower Parel, Mumbai. 400 013, India

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	HDFC BANK LIMITED
	(Registrant)

Date: September 3, 2024	By:	/s/ Ajay Agarwal
	Name:	Ajay Agarwal
	Title:	Company Secretary & Head – Group Oversight

EXHIBIT INDEX

The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this report pursuant to the General Instructions for Form 6-K.

Exhibit No. 99

Description

Disclosure

Exhibit 99

September 3, 2024

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Disclosure

We hereby inform that the penalties as given below have been imposed on the Bank. The details pertaining to the penalties are included in the annexures attached herewith:

1.	Penalty of Rs. 0.04 crore has been imposed on the Bank by Assistant Commissioner of State Tax, Tamil Nadu (Details provided in Annexure 1)

2.	Penalty of Rs. 0.01 crore has been imposed on the Bank by Superintendent of CGST, Punjab (Details provided in Annexure 1)

3.	Penalty of Rs. 20,830 imposed on the Bank by Assistant Commissioner of State Tax, Gujarat (Details provided in Annexure 1)

4.	Penalty of Rs. 24,300 imposed on the Bank by Assistant Commissioner of State Tax, Gujarat (Details provided in Annexure 1)

5.	Penalty of Rs. 0.01 crore imposed on the Bank by Deputy Commissioner of State Tax, Tamil Nadu (Details provided in Annexure 1)

6.	Penalty of Rs. 0.11 crore imposed on the Bank by Assistant Commissioner of Central Tax, Telangana (Details provided in Annexure 1)

7.	Penalty of Rs. 0.22 crore imposed on the Bank by Deputy Commissioner of State Tax, Tamil Nadu (Details provided in Annexure 1)

8.	Penalty of Rs. 0.13 crore imposed on the Bank by Joint Commissioner of State Tax, Chhattisgarh (Details provided in Annexure 1)

9.	Penalty of Rs. 0.22 crore has been imposed on the Bank by Sales Tax Officer, Delhi (Details provided in Annexure 1)

10.	Penalty of Rs. 0.01 crore has been imposed on the Bank by Deputy Commissioner of State Tax, Punjab (Details provided in Annexure 1)

11.	Penalty of Rs. 0.05 crore has been imposed on the Bank by Assistant Commissioner of CGST & Central Excise, Madhya Pradesh (Details provided in Annexure 1)

12.	Penalty of Rs. 0.07 crore has been imposed on the Bank by State Tax Officer, Gujarat (Details provided in Annexure 1)

The Bank is evaluating appropriate legal remedy, including appeal, as per law.

We request you to bring the above to the notice of all concerned.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Ajay Agarwal

Company Secretary & Head – Group Oversight

Annexure 1

1. Details w.r.t. Penalty of Rs. 0.04 crore has been imposed on the Bank by Assistant Commissioner of State Tax, Tamil Nadu


Sr. no	Particulars	Details
1.	Name of the authority	Assistant Commissioner of State Tax, Tamil Nadu
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged disallowance of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	29-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.81 crore (includes tax, interest and penalty)

2. Details w.r.t. Penalty of Rs. 0.01 crore has been imposed on the Bank by Superintendent of CGST, Punjab


Sr. no	Particulars	Details
1.	Name of the authority	Superintendent of CGST, Punjab
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.15 crore (includes tax and penalty)

3.Details w.r.t. penalty of Rs. 20,830 imposed on the Bank by Assistant Commissioner of State Tax, Gujarat


Sr. No.	Particulars	Details
1.	Name of the authority	Assistant Commissioner of State Tax, Gujarat
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.04 crore (includes tax, interest and penalty)

4. Details w.r.t. penalty of Rs.24, 300 imposed on the Bank by Assistant Commissioner of State Tax, Gujarat


Sr. no	Particulars	Details
1.	Name of the authority	Assistant Commissioner of State Tax, Gujarat
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	31-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.05 crore (includes tax, interest and penalty)

5. Details w.r.t. penalty of Rs. 0.01 crore imposed on the Bank by Deputy Commissioner of State Tax, Tamil Nadu


Sr. no	Particulars	Details
1.	Name of the authority	Deputy Commissioner of State Tax, Tamil Nadu
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.11 crore (includes tax and penalty)

6. Details w.r.t. penalty of Rs. 0.11 crore imposed on the Bank by Assistant Commissioner of Central Tax, Telangana


Sr. no	Particulars	Details
1.	Name of the authority	Assistant Commissioner of Central Tax, Telangana
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged short payment of tax and disallowance of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged short payment of tax and excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 1.16 crore (includes tax and penalty)

7. Details w.r.t. penalty of Rs. 0.22 crore imposed on the Bank by Deputy Commissioner of State Tax, Tamil Nadu


Sr. no	Particulars	Details
1.	Name of the authority	Deputy Commissioner of State Tax, Tamil Nadu
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 2.39 crore (includes tax and penalty)

8. Details w.r.t. penalty of Rs. 0.13 crore imposed on the Bank by Joint Commissioner of State Tax, Chhattisgarh


Sr. no	Particulars	Details
1.	Name of the authority	Joint Commissioner of State Tax, Chhattisgarh
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged short payment of tax and disallowance of input tax credit - Order passed under section 73 (9) of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	30-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged short payment of tax and excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 2.73 crore (includes tax, interest and penalty)

9. Details w.r.t. penalty of Rs. 0.22 crore has been imposed on the Bank by Sales Tax Officer, Delhi


Sr. no	Particulars	Details
1.	Name of the authority	Sales Tax Officer, Delhi
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 (9) of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	31-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 4.17 crore (includes tax, interest and penalty)

10. Details w.r.t. Penalty of Rs. 0.01 crore has been imposed on the Bank by Deputy Commissioner of State Tax, Punjab


Sr. no	Particulars	Details
1.	Name of the authority	Deputy Commissioner of State Tax, Punjab
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 (9) of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	31-08-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.03 crore (includes tax, interest and penalty)

11. Details w.r.t. Penalty of Rs. 0.05 crore has been imposed on the Bank by Assistant Commissioner of CGST & Central Excise, Madhya Pradesh


Sr. no	Particulars	Details
1.	Name of the authority	Assistant Commissioner of CGST & Central Excise, Madhya Pradesh
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 73 (9) of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	02-09-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.56 crore (includes tax and penalty)

12. Details w.r.t. penalty of Rs. 0.07 crore has been imposed on the Bank by State Tax Officer, Gujarat


Sr. no	Particulars	Details
1.	Name of the authority	State Tax Officer, Gujarat
2.	Period Involved	F.Y. 2019-20
3.	Nature and details of the action(s) taken, initiated or order(s) passed	Alleged excess availment of input tax credit - Order passed under section 74 of CGST Act
4.	Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.	02-09-2024
5.	Details of the violation(s)/contravention(s) committed or alleged to be committed	Alleged excess availment of input tax credit
6.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Rs. 0.20 crore (includes tax, interest and penalty)