News

Bonus Alert: HDFC Bank to consider first ever free share issue, special dividend on July 19HDFC Bank recently sold stake worth ₹10,000 crore in its non-bank lending unit HDB Financial Services, as part of the Offer For Sale (OFS) component during its IPO.By Hormaz Fatakia   July 16, 2025, 9:06:59 AM IST (Updated)2 Min ReadHDFC Bank Ltd., India's largest private lender, informed the exchanges on Wednesday, July 16, that it will be considering a bonus issue of shares during its board meet on Saturday, July 19.

This will be the first ever issue of bonus shares that HDFC Bank will be considering for its shareholders. Saturday will also be the day when the board will be considering its results for the June quarter.

Along with the bonus issue of shares, HDFC Bank will also be considering a special dividend during the board meeting.

The only prior corporate actions carried out by the lender was a stock split in 2011, when it split one share of ₹10 into five shares of ₹2, and later split that one share of ₹2 into two shares of ₹1 each in 2019.

HDFC Bank recently sold stake worth ₹10,000 crore in its non-bank lending unit HDB Financial Services, as part of the Offer For Sale (OFS) component during its IPO.

HDFC Bank saw strong deposits growth in the June quarter led by term deposits.

Deposits for the quarter increased by 16.2% from last year and 1.8% sequentially to ₹27.64 lakh crore, while advances grew by 6.7% on a year-on-year basis to ₹26.53 lakh crore. This data was shared by the lender as part of its quarterly business update.

Shares of HDFC Bank had ended 0.8% higher on Tuesday at ₹1,998. The stock trades close to its 52-week high of ₹2,027.Continue ReadingFirst Published: Jul 16, 2025 9:01 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBonus IssueBonus sharesHDFC Bank Share PriceHDFC Bank sharesshare market today