HDFC Bank Limited has made available the audio recording of its conference call with analysts and investors held on March 19, 2026. The call was organized in relation to a regulatory intimation made by the bank on March 18, 2026 under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Call Execution

The bank successfully conducted the analyst and investor call on Thursday, March 19, 2026, starting at 09:00 hours IST. The session was organized with comprehensive participation arrangements for both domestic and international stakeholders.

International Access Arrangements

The bank provided toll-free access for international participants across multiple regions:

Audio Recording Availability

Following the completion of the conference call, HDFC Bank has fulfilled its commitment to transparency by making the audio recording available on its official website. The recording can be accessed at the bank's investor relations section at https://www.hdfc.bank.in/about-us/investor-relations , allowing stakeholders who could not participate in the live session to access the information.

Regulatory Communication

The bank formally communicated the availability of the audio recording to both BSE Limited and National Stock Exchange of India Limited on March 19, 2026. The communication was signed by Ajay Agarwal, Company Secretary and Group Head – Secretarial & Group Oversight, maintaining proper regulatory compliance and documentation standards.

Macquarie, the prominent global investment banking firm, has removed HDFC Bank from its marquee list of preferred stocks, marking a significant development in the brokerage's coverage of India's banking sector.

Brokerage Coverage Change

The removal of HDFC Bank from Macquarie's marquee list represents a notable shift in the investment firm's stance toward India's largest private sector lender. Marquee lists typically feature a brokerage's top stock picks and preferred investment recommendations across various sectors.

Market Implications

This development could influence investor sentiment toward HDFC Bank, as brokerage recommendations and coverage changes often impact institutional and retail investor decisions. The bank, which has been a cornerstone of India's private banking sector, now finds itself excluded from Macquarie's preferred stock selections.

The timing and reasoning behind Macquarie's decision to remove HDFC Bank from its marquee list will likely be closely watched by market participants and banking sector analysts.