HDFC bank's shares were trading around Rs 1,839.70 per share on the indian bouses with a decline of 1.37 per cent amounting to Rs 25.30 per share on the stock exchanges.

Kapil was heading the mortgage business at HDFC Bank and had quit in March 2024. The Sebi letter states that the company disclosed resignation of Kapil with a delay of three days, and that it also failed to provide appropriate reasons for the delayed disclosure.

HDFC Bank had said that it had received an administrative warning letter from SEBI for non-compliance with some provisions related to its investment banking operations.

The leader in private sector lenders, HDFC Bank, has received an administrative warning from capital market regulator Securities and Exchange Board of India (Sebi), the bank informed through a company filing on Monday.

HDFC Bank received its second warning from Sebi within a week, this time for a three-day delay in disclosing the resignation of senior employee Arvind Kapil and failing to explain the delay. Sebi viewed the violations seriously,

HDFC Bank received a warning from Sebi for failing to comply with listing regulations, specifically for a three-day delay in disclosing the resignation of Arvind Kapil, its Group Head of Mortgage Business.

HDFC Bank received a second warning from SEBI in a week for delayed disclosure of a senior employee's resignation and failure to explain the delay. Despite this, the bank's shares have performed well,