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, LLC is reminding investors with substantial losses in HDFC Bank that they have until October 13, 2026 to file lead plaintiff applications in a securities fraud class action pending in the U.S. District Court for the Southern District of New York. The suit alleges HDFC Bank disguised roughly Rs 45 crore (about $4.7 million) as marketing expenditures to secretly pay state-owned MSRDC a 6.01% deposit rate, 2.51 percentage points above what other depositors received, in exchange for large deposits.

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