HDFC Bank Limited announced that the board of directors of the bank, at their meeting held June 18, 2021, has proposed a dividend of INR 6.50 per equity share of face value of INR 1 each out of the net profits for the year ended March 31, 2021, has been recommended, subject to the approval of the shareholders of the Bank at its upcoming annual general meeting (AGM). The record date has been fixed as June 30, 2021 for the purpose of ascertaining the entitlement of the dividend. If approved at the AGM, the expected date for payment of dividend in electronic form and for dispatch of physical dividend warrants would be August 2, 2021 onwards.