Sub: Intimation - Form 6-K

Sub: Intimation

It is hereby informed that, a penalty of Rs.0.95 crore has been imposed on the Bank by Deputy Commissioner (State Tax), Tamil Nadu for matter/s mentioned in the below table.

Sr. no		Particulars		Details
1.		Name of the authority		Deputy Commissioner (State Tax), Tamil Nadu
2.		Period Involved		F.Y. 2018-19
3.		Nature and details of the action(s) taken, initiated or order(s) passed		Disallowance of input tax credit -Order passed under section 73 of TNGST/CGST Act.
4.		Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.		19-March-2024
5.		Details of the violation(s)/contravention(s) committed or alleged to be committed		Alleged excess availment of input tax credit
6.		Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible		Rs.10.46 crore (includes tax and penalty)

The Bank is evaluating appropriate legal remedy, including appeal, as per law.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Santosh Haldankar

Company Secretary