HDFC bank share continued to decline on the (National Stock Exchange), after market watch dog SEBI (Securities and Exchange Board of India), issue a warning letter to the private lender about violation of 'Information Disclosure' regulations.

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.

HDFC Bank confirmed that the issue has no financial or operational impact on its activities. Shares of HDFC Bank Ltd ended at ₹1,864.80, down by ₹7.25, or 0.39%, on the BSE.

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,

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 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.