Investors who purchased HDFC Bank Limited securities between July 17, 2023, and May 26, 2026, have until October 13, 2026, to seek lead-plaintiff status in a securities class action. The complaint alleges HDFC Bank disguised payments as marketing spending to provide higher interest to the Maharashtra State Road Development Corporation and induce large deposits. It further alleges senior management approved the activity, which likely violated regulations and company policies, and that the conduct overstated interest income and operating expenses. HDFC's American Depositary Shares fell 7.28% on March 18, 2026, after Atanu Chakraborty resigned as part-time Chairman and Independent Director, citing practices inconsistent with his values and ethics, and declined another 4.1% on May 27 after reporting on the alleged payments.