HDFC Bank has announced plans to raise up to ₹60,000 crore through debt instruments while also recommending a final dividend of ₹13 per share, as part of its board meeting outcomes held on April 18, 2026.
The bank said it will raise funds via perpetual debt instruments (AT1 bonds), Tier II capital bonds and long-term bonds through private placement over the next 12 months, aimed at supporting growth and financing infrastructure and other key sectors.
Alongside the fundraise, the board has recommended a final dividend of ₹13 per equity share (face value ₹1) for FY26, subject to shareholder approval. This comes in addition to the special interim dividend of ₹2.50 per share paid earlier, taking the total dividend payout for FY26 to ₹15.50 per share.
For the March quarter, the bank reported net interest income (NII) of ₹33,082 crore, up from ₹32,066 crore in the year-ago period, reflecting steady growth in core lending operations.
Net profit for Q4FY26 came in at ₹19,221 crore, compared to ₹17,616 crore a year ago, indicating a healthy year-on-year rise in earnings.
Asset quality also remained stable with improving trends. The bank reported gross non-performing assets (GNPA) at 1.15%, compared to 1.33% year-on-year and 1.24% sequentially. Meanwhile, net NPA stood at 0.38%, improving from 0.43% YoY and 0.42% QoQ.
The proposed ₹60,000 crore fundraise is seen as part of the bank’s broader capital planning strategy to maintain a strong balance sheet and support future credit growth. Raising capital via bonds allows the bank to optimise its capital structure without diluting equity.
The move also aligns with the bank’s focus on maintaining robust capital adequacy while continuing to fund expansion across retail and corporate segments.
With stable asset quality, improving profitability, and a strong capital plan, HDFC Bank continues to remain one of the key lenders in the Indian banking space.