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[6-K] HDFC BANK LTD Current Report (Foreign Issuer)

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6-K

Rhea-AI Filing Summary

HDFC Bank Limited reports the retirement of Mr. Bhavesh Zaveri as an Executive Director of the Bank, effective from the close of business hours on April 18, 2026. The Board formally noted his retirement and recorded its appreciation for his long and devoted service.

Annexure I highlights his career since joining the Bank in 1998, including roles as Business Head – Wholesale Banking Operations, Group Head – Operations, and head of Information Technology before becoming Executive Director. The Bank credits him with building a strong nationwide operations and branch network, advancing digital payments through his role in the formation of the National Payment Corporation of India, and developing leadership talent across the operations vertical.

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Insights

HDFC Bank confirms a planned senior leadership transition as Executive Director Bhavesh Zaveri retires after a long tenure.

The disclosure centers on the retirement of Executive Director Bhavesh Zaveri, which the Board notes in continuation of an earlier intimation dated January 17, 2026. This indicates a planned transition rather than an abrupt departure.

The Bank emphasizes Zaveri’s role in operations, technology, nationwide network expansion, and digital payments via participation in forming the National Payment Corporation of India. The filing also stresses leadership development and succession within the operations vertical, suggesting continuity in key functions despite the leadership change.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

For the month of April, 2026

Commission File Number 001-15216

HDFC BANK LIMITED

(Translation of registrant’s name into English)

HDFC Bank House, Senapati Bapat Marg,

Lower Parel, Mumbai. 400 013, India

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

HDFC BANK LIMITED

       (Registrant)
Date: April 18, 2026     By:  

/s/ Ajay Agarwal

   

Name:  Ajay Agarwal

   

Title:   Company Secretary

   Group Head – Secretarial & Group Oversight


EXHIBIT INDEX

The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this report pursuant to the General Instructions for Form 6-K.

Exhibit No. 99

Description

Retirement of Mr. Bhavesh Zaveri

Exhibit 99

April 18, 2026

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Retirement of Mr. Bhavesh Zaveri

In continuation to our intimation dated January 17, 2026, the Board noted the retirement of Mr. Bhavesh Zaveri as an Executive Director of the Bank with effect from the close of business hours on April 18, 2026 and placed on record its appreciation for the long and devoted services of Mr. Zaveri to the Bank throughout his tenure and wished him all the success in his future endeavours. Mr. Zaveri’s significant contributions to the Bank are detailed in Annexure I, which is enclosed herewith.

This is for your information and appropriate dissemination.

Thank you.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Ajay Agarwal

Company Secretary

Group Head – Secretarial & Group Oversight

Encl: a/a


Annexure I

CONTRIBUTIONS MADE BY MR. BHAVESH ZAVERI TO THE BANK

Mr. Bhavesh Zaveri joined the Bank in 1998 in the Operations function. He became Business Head – Wholesale Banking Operations in the year 2000 and was appointed as Group Head - Operations in 2009. He assumed additional responsibilities of the Information Technology function in 2015. Immediately prior to his retirement, he was the Executive Director of the Bank.

Mr. Zaveri was one of the key contributors to the growth of the Bank over the years and a thought leader in his domain contributing not only to the organization but to the banking industry.

As the operations head, he was responsible for creating and delivering a flawless operations execution capability across the diversified product suite of the Bank to the Corporate, MSME, Retail Assets, Liabilities, Transaction Services for Payments and Cash Management, Trade Finance, Treasury, ATM operations and Administration.

Mr. Zaveri had been instrumental in delivering the Bank’s deep geography strategy. This helped the Bank build a formidable banking network across the country and enabled financial inclusion and financial participation. His efforts were pioneering and helped the Bank gain a competitive edge by enhancing its product and service offerings to customers in these markets.

In his role as head of technology, he contributed greatly to the Bank’s digital footprint and preparing the Bank to meet the demands of a digital world especially in building the entire digital payment ecosystem for the country by being a key participant in the formation of National Payment Corporation of India (NPCI).

Apart from his prowess in his domain, Mr. Zaveri had contributed greatly in the areas of leadership and skill development within the Bank. He has built a strong pipeline of leaders across the operations vertical and effectively, mentored people to take on larger responsibilities.

Filing Exhibits & Attachments

1 document

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