Winning Bizness Desk
Mumbai. Private sector HDFC Bank on Saturday announced a dividend of 1550 per cent, or Rs 15.50 per share, to its shareholders for the financial year 2021-22. Out of the net profit of the financial year, it has been recommended to pay a dividend of Rs 15.50 on a share of Rs. This decision is subjected to the approval of the shareholders at the ensuing Annual General Meeting.
The date for determining the eligibility of members 13 May
The date for determining the eligibility of members entitled to receive dividend on equity shares has been fixed as May 13, 2022. HDFC Bank, the country's largest private sector lender, reported a 23 per cent jump in net profit at Rs 10,055.20 crore on a standalone basis for the March quarter. Earlier this month the merger of its parent company HDFC Ltd with HDFC Bank was announced.
