HDFC Bank Limited Securities Fraud Class Action Result of Deceptive Interest Payments and Approximately 4% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Kahn Swick & Foti issued a shareholder solicitation reminding HDB investors of the October 13, 2026 lead plaintiff deadline in a securities class action pending in the Southern District of New York. The underlying suit alleges HDFC Bank disguised roughly Rs 45 crore (about $4.7 million) in above-market interest payments to MSRDC as marketing expenditures; shares fell 4.1% to $23.78 when the Indian Express report surfaced in May 2026.
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