HDFC Bank Limited informed that the Board of Directors, at its meeting held April 20, 2024, has recommended a dividend of INR 19.50 per equity share of INR 1 each fully paid up (i.e. 1950 %) out of the net profits for the year ended March 31, 2024, subject to the approval of the shareholders at the ensuing Annual General Meeting ("AGM") of the Bank. The record date for determining the eligibility of members entitled to receive dividend on equity shares is May 10, 2024. Dividend, if approved by the shareholders of the Bank, shall be paid after the AGM to those shareholders, whose names appear in the Bank's Register of Members/Register of Beneficial Owners maintained by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited as at the close of business hours on May 10, 2024.