HDFC Bank Shares Fall 0.6% Despite Positive Brokerage Commentary Post-RBI Policy

1 min read     Updated on 03 Oct 2025, 10:26 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

HDFC Bank shares fell 0.6% to ₹959.50, with sell quantity exceeding buy quantity. Jefferies maintains a positive stance on HDFC Bank and other private banks. The banking sector faces challenges in Q2, including tepid credit growth and margin pressures, but analysts expect improvement in the second half. HDFC Bank's market cap stands at ₹14.74 lakh crore.

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*this image is generated using AI for illustrative purposes only.

HDFC Bank shares declined 0.6% to ₹959.50 during trading, opening at ₹952 near the day's low with sell quantity exceeding buy quantity at 8.24 lakh versus 6 lakh shares. Jefferies maintained its positive stance on HDFC Bank along with Axis, ICICI, and SBI, noting that unchanged interest rates provide relief for private banks.

Brokerage Insights

Jefferies highlighted that the upcoming ECL (Expected Credit Loss) transition starting April 2027 will result in one-time charges, though the impact can be partially offset through lower risk weights over five years. Naveen Kulkarni from Axis Securities PMS said RBI's decision to keep repo rates unchanged was expected, noting GST rate rationalization should support festive season consumption while US tariff-related headwinds remain concerning.

Banking Sector Outlook

The banking sector's second quarter is expected to remain challenging with:

  • Tepid credit growth
  • Margin pressures
  • Weaker treasury performance
  • Higher credit costs

Analysts anticipate improvement from the second half with NIMs (Net Interest Margins) expected to bottom out, supported by deposit repricing and CRR (Cash Reserve Ratio) cut.

HDFC Bank Performance

HDFC Bank has traded between ₹806.50 and ₹1,018.85 over the past year with current market capitalization at ₹14.74 lakh crore.

Historical Stock Returns for HDFC Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%+1.45%+5.39%+4.87%+16.23%+63.26%
HDFC Bank
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HDFC Bank Senior Management Member Rahul Shyam Shukla Steps Down

1 min read     Updated on 01 Oct 2025, 08:12 PM
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Reviewed by
Riya DeyScanX News Team
Overview

HDFC Bank announced the resignation of Rahul Shyam Shukla, a senior management member, effective October 1, 2025. The resignation, citing personal reasons, was disclosed in a regulatory filing to stock exchanges. HDFC Bank complied with SEBI regulations by providing details of the change, including the date of cessation. The bank wished Mr. Shukla well for his future endeavors.

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*this image is generated using AI for illustrative purposes only.

HDFC Bank , one of India's leading private sector banks, has announced the resignation of Rahul Shyam Shukla, a senior management member, effective October 1, 2025. The bank disclosed this information in a regulatory filing to the stock exchanges.

Resignation Details

According to the bank's statement, Mr. Shukla has tendered his resignation citing personal reasons. The resignation has been accepted by HDFC Bank, marking the end of his tenure with the financial institution.

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, HDFC Bank has provided the following details:

Information Details
Name of the Senior Management Personnel Mr. Rahul Shyam Shukla
Reason for change Resignation for personal reasons
Date of cessation October 1, 2025

Bank's Statement

In its communication to the stock exchanges, HDFC Bank stated, "The Bank would like to wish him all the best for his future endeavours." This standard farewell message indicates an amicable departure.

Impact and Transition

While the bank has not provided specific information about Mr. Shukla's role or his potential replacement, changes in senior management can be significant for large financial institutions like HDFC Bank. Shareholders and market analysts will likely be keen to understand any potential impact on the bank's operations or strategy going forward.

HDFC Bank continues to be a major player in the Indian banking sector, and the management's handling of this transition will be of interest to stakeholders. As of now, no further details have been disclosed regarding the circumstances of the resignation or the bank's plans to fill the position.

Investors and customers of HDFC Bank are advised to stay tuned for any further announcements from the bank regarding changes in its senior management structure or any potential impact on its business operations.

Historical Stock Returns for HDFC Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%+1.45%+5.39%+4.87%+16.23%+63.26%
HDFC Bank
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