SEC FORM 3

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Rangan Srinivasa

(Last)

(First)

(Middle)

HDFC BANK LIMITED, HDFC BANK HOUSE

SENAPATI BAPAT MARG, LOWER PAREL WEST

(Street)

MUMBAI

400013

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
HDFC BANK LTD [ HDB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Equity Shares	2,988,396	D
Equity Shares	26,200	I	Mother

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option	07/30/2025	07/30/2029	Equity Shares	310,000	$8.83⁽¹⁾	D
Employee Stock Option	07/30/2026	07/30/2030	Equity Shares	315,000	$8.83⁽¹⁾	D
Employee Stock Option	07/30/2027	07/30/2031	Equity Shares	324,300	$8.83⁽¹⁾	D
Employee Stock Option	01/30/2026	01/30/2030	Equity Shares	63,000	$9.23⁽¹⁾	D
Employee Stock Option	01/30/2027	01/30/2031	Equity Shares	63,000	$9.23⁽¹⁾	D
Employee Stock Option	01/30/2028	01/30/2032	Equity Shares	63,000	$9.23⁽¹⁾	D
Employee Stock Option	01/30/2029	01/30/2033	Equity Shares	62,952	$9.23⁽¹⁾	D
Employee Stock Option	02/03/2027	02/03/2031	Equity Shares	73,400	$10.21⁽¹⁾	D
Employee Stock Option	02/03/2028	02/03/2032	Equity Shares	73,400	$10.21⁽¹⁾	D
Employee Stock Option	02/03/2029	02/03/2033	Equity Shares	73,400	$10.21⁽¹⁾	D
Employee Stock Option	02/03/2030	02/03/2034	Equity Shares	73,338	$10.21⁽¹⁾	D

Explanation of Responses:

1. Conversion rate as on March 16, 2026 applied : 1Rs = 0.011 USD

Remarks:

Exhibit 24 - Power of Attorney Executive Director

	/s/ Dhanjit Thaivalappil, Attorney in fact for Rangan Srinivasa	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

New insider Rangan Srinivasa claimed ownership of 3,014,596 units of Equity Shares (SEC Form 3)