A securities class action against HDFC Bank Limited (NYSE: HDB) and certain executives remains pending in the U.S. District Court for the Southern District of New York as Soneji v. HDFC Bank Limited, Case No. 26-cv-06943. Investors who purchased or otherwise acquired HDFC securities between July 17, 2023, and May 26, 2026, have until October 13, 2026, to move for appointment as lead plaintiff. The complaint alleges the bank failed to disclose material facts after The Indian Express reported on May 27, 2026, that HDFC had routed roughly Rs 45 crore, or about $4.7 million, to the Maharashtra State Road Development Corporation as purported road-safety sponsorships while offering MSRDC a 6.01% deposit rate, 2.51 percentage points above rates paid to other depositors. An internal review in March and April 2026 reportedly found more than ten senior officials responsible, including CEO Sashidhar Jagdishan. HDFC American Depositary Shares fell $1.02, or about 4.1%, to $23.78 on May 27, 2026, and had dropped $2.09, or 7.28%, on March 18 after the resignation of part-time Chairman and Independent Director Atanu Chakraborty. Multiple plaintiff firms, including Pomerantz LLP, Kahn Swick & Foti, LLC, and The Law Offices of Frank R. Cruz, are soliciting lead-plaintiff applications; no class has been certified.