HDFC Bank ADR | NYSE: HDB | Currency: USD | Type: ADR
Key Statistics
About HDFC Bank Limited
HDFC Bank's ADR trades on the NYSE under the ticker HDB, with each depositary receipt representing shares of India's largest private-sector bank. The US listing lets global investors hold India's premier retail-banking franchise in dollars, without accessing the Indian market directly. Its price tracks the NSE-listed stock (HDFCBANK) adjusted for the USD/INR rate, and any persistent premium or discount is watched for sentiment and arbitrage cues.
Instrument Details
| Issuer | HDFC Bank Limited |
| Ticker | HDB |
| Exchange / Market | NYSE |
| Instrument type | ADR |
| Quote currency | USD |
Business
HDFC Bank is India's largest private-sector bank by assets and market capitalisation, offering retail banking, wholesale banking, loans, payments and treasury services. Following its 2023 merger with parent HDFC Ltd, it is also one of the largest mortgage lenders in India.
Sector: Financials — Private Sector Banking
Earnings Context
The bank reports quarterly results (Indian fiscal year, April–March), typically in the second or third week after quarter end. Net interest margin, deposit growth and asset quality (GNPA) are the most closely watched line items.
ADR Structure
HDFC Bank Limited trades on a US exchange as an American Depositary Receipt, where a depositary bank holds the underlying Indian shares and issues dollar-denominated receipts against them. Each ADR represents a fixed ratio of underlying shares, so the price tracks the Indian listing adjusted for USD/INR. ADR programmes are SEC-registered and follow US disclosure rules.
Trading Hours
HDFC Bank Limited trades 07:00 PM to 01:30 AM IST (09:30 AM–04:00 PM US Eastern; one hour later during US winter), Monday to Friday. Outside those hours this page shows the last traded level, with change figures measured against the previous official close. All session times are expressed in Indian Standard Time (IST).
How to Read HDFC Bank Limited
Market participants often compare HDFC Bank Limited's US-session move with the previous NSE close of the underlying stock ahead of the next Indian open. The ADR premium or discount to the local listing reflects demand from international investors. US market sentiment and USD/INR both feed into the receipt's price.
52-week range: 22.45 – 37.45.
