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HDFC BANK LTD. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

41Reported items
126Asset managers
5,979Fund votes
2024-08-09Main meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore HDFC BANK LTD. in the interactive database Compare manager voting policies

How asset managers voted at the HDFC BANK LTD. 2024-2025 meetings

Each item below shows how the 126 asset managers that disclosed a HDFC BANK LTD. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of HDFC BANK LTD.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HCL TECHNOLOGIES LIMITED

OTHER

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 106 asset managers below cast 100% of the shares they voted on this item FOR (870,706,155 for, 0 against).

FOR: 870,706,155 (100.0%)

Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HCL TECHNOLOGIES LIMITED” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	187,578,165	For
Fidelity	143,003,034	For
BlackRock	134,322,055	For
Dodge & Cox	59,581,800	For
Capital Group	50,881,474	For
MFS	40,223,230	For
Invesco	28,487,031	For
EUPAC FUND	20,604,295	For
TIAA	19,429,485	For
Dimensional	15,391,414	For
Morgan Stanley	11,342,618	For
WisdomTree	10,915,339	For
State Street	9,250,139	For
T. Rowe Price	8,874,855	For
JANUS INVESTMENT FUND	8,239,450	For
Franklin Templeton	7,331,615	For
TEMPLETON FUNDS	5,909,277	For
MATTHEWS INTERNATIONAL FUNDS	5,483,141	For
OLD WESTBURY FUNDS INC	4,734,636	For
Allspring	4,244,376	For
TOUCHSTONE STRATEGIC TRUST	4,142,971	For
American Century	4,113,434	For
Northwestern Mutual	3,840,961	For
AllianceBernstein	3,720,178	For
Bridge Builder Trust	3,444,820	For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

2. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDB FINANCIAL SERVICES LIMITED

OTHER

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 106 asset managers below cast 100% of the shares they voted on this item FOR (870,706,155 for, 0 against).

FOR: 870,706,155 (100.0%)

Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDB FINANCIAL SERVICES LIMITED” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	187,578,165	For
Fidelity	143,003,034	For
BlackRock	134,322,055	For
Dodge & Cox	59,581,800	For
Capital Group	50,881,474	For
MFS	40,223,230	For
Invesco	28,487,031	For
EUPAC FUND	20,604,295	For
TIAA	19,429,485	For
Dimensional	15,391,414	For
Morgan Stanley	11,342,618	For
WisdomTree	10,915,339	For
State Street	9,250,139	For
T. Rowe Price	8,874,855	For
JANUS INVESTMENT FUND	8,239,450	For
Franklin Templeton	7,331,615	For
TEMPLETON FUNDS	5,909,277	For
MATTHEWS INTERNATIONAL FUNDS	5,483,141	For
OLD WESTBURY FUNDS INC	4,734,636	For
Allspring	4,244,376	For
TOUCHSTONE STRATEGIC TRUST	4,142,971	For
American Century	4,113,434	For
Northwestern Mutual	3,840,961	For
AllianceBernstein	3,720,178	For
Bridge Builder Trust	3,444,820	For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

3. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDFC ERGO GENERAL INSURANCE COMPANY LIMITED

OTHER

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 106 asset managers below cast 100% of the shares they voted on this item FOR (870,706,155 for, 0 against).

FOR: 870,706,155 (100.0%)

Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDFC ERGO GENERAL INSURANCE COMPANY LIMITED” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	187,578,165	For
Fidelity	143,003,034	For
BlackRock	134,322,055	For
Dodge & Cox	59,581,800	For
Capital Group	50,881,474	For
MFS	40,223,230	For
Invesco	28,487,031	For
EUPAC FUND	20,604,295	For
TIAA	19,429,485	For
Dimensional	15,391,414	For
Morgan Stanley	11,342,618	For
WisdomTree	10,915,339	For
State Street	9,250,139	For
T. Rowe Price	8,874,855	For
JANUS INVESTMENT FUND	8,239,450	For
Franklin Templeton	7,331,615	For
TEMPLETON FUNDS	5,909,277	For
MATTHEWS INTERNATIONAL FUNDS	5,483,141	For
OLD WESTBURY FUNDS INC	4,734,636	For
Allspring	4,244,376	For
TOUCHSTONE STRATEGIC TRUST	4,142,971	For
American Century	4,113,434	For
Northwestern Mutual	3,840,961	For
AllianceBernstein	3,720,178	For
Bridge Builder Trust	3,444,820	For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

4. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDFC LIFE INSURANCE COMPANY LIMITED

OTHER

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 106 asset managers below cast 100% of the shares they voted on this item FOR (870,706,155 for, 0 against).

FOR: 870,706,155 (100.0%)

Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDFC LIFE INSURANCE COMPANY LIMITED” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	187,578,165	For
Fidelity	143,003,034	For
BlackRock	134,322,055	For
Dodge & Cox	59,581,800	For
Capital Group	50,881,474	For
MFS	40,223,230	For
Invesco	28,487,031	For
EUPAC FUND	20,604,295	For
TIAA	19,429,485	For
Dimensional	15,391,414	For
Morgan Stanley	11,342,618	For
WisdomTree	10,915,339	For
State Street	9,250,139	For
T. Rowe Price	8,874,855	For
JANUS INVESTMENT FUND	8,239,450	For
Franklin Templeton	7,331,615	For
TEMPLETON FUNDS	5,909,277	For
MATTHEWS INTERNATIONAL FUNDS	5,483,141	For
OLD WESTBURY FUNDS INC	4,734,636	For
Allspring	4,244,376	For
TOUCHSTONE STRATEGIC TRUST	4,142,971	For
American Century	4,113,434	For
Northwestern Mutual	3,840,961	For
AllianceBernstein	3,720,178	For
Bridge Builder Trust	3,444,820	For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

5. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDFC SECURITIES LIMITED

OTHER

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 106 asset managers below cast 100% of the shares they voted on this item FOR (870,706,155 for, 0 against).

FOR: 870,706,155 (100.0%)

Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HDFC SECURITIES LIMITED” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	187,578,165	For
Fidelity	143,003,034	For
BlackRock	134,322,055	For
Dodge & Cox	59,581,800	For
Capital Group	50,881,474	For
MFS	40,223,230	For
Invesco	28,487,031	For
EUPAC FUND	20,604,295	For
TIAA	19,429,485	For
Dimensional	15,391,414	For
Morgan Stanley	11,342,618	For
WisdomTree	10,915,339	For
State Street	9,250,139	For
T. Rowe Price	8,874,855	For
JANUS INVESTMENT FUND	8,239,450	For
Franklin Templeton	7,331,615	For
TEMPLETON FUNDS	5,909,277	For
MATTHEWS INTERNATIONAL FUNDS	5,483,141	For
OLD WESTBURY FUNDS INC	4,734,636	For
Allspring	4,244,376	For
TOUCHSTONE STRATEGIC TRUST	4,142,971	For
American Century	4,113,434	For
Northwestern Mutual	3,840,961	For
AllianceBernstein	3,720,178	For
Bridge Builder Trust	3,444,820	For

Showing the 25 largest of 106 asset managers. See all 106 in the interactive database.

6. Approve Material Related Party Transactions with PayU Payments Private Limited

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (690,290,308 for, 0 against).

FOR: 690,290,308 (100.0%)

Largest asset managers voting on “Approve Material Related Party Transactions with PayU Payments Private Limited” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	171,236,149	For
Fidelity	143,003,034	For
Dodge & Cox	59,581,800	For
Capital Group	50,881,474	For
MFS	40,223,230	For
Invesco	28,487,031	For
EUPAC FUND	20,604,295	For
TIAA	19,429,485	For
Dimensional	15,391,414	For
Morgan Stanley	11,342,618	For
WisdomTree	10,915,339	For
State Street	9,250,139	For
T. Rowe Price	8,874,855	For
JANUS INVESTMENT FUND	8,239,450	For
Franklin Templeton	7,331,615	For
TEMPLETON FUNDS	5,909,277	For
MATTHEWS INTERNATIONAL FUNDS	5,483,141	For
OLD WESTBURY FUNDS INC	4,734,636	For
Allspring	4,244,376	For
American Century	4,113,434	For
Northwestern Mutual	3,840,961	For
AllianceBernstein	3,720,178	For
Waddell & Reed	3,423,038	For
Calvert	3,153,954	For
INTERNATIONAL GROWTH & INCOME FUND	3,117,030	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

7. Elect Santhosh Iyengar Keshavan as Director

DIRECTOR ELECTIONS

Meeting held 2025-01-11; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 85 asset managers below cast 100% of the shares they voted on this item FOR (714,910,519 for, 0 against).

FOR: 714,910,519 (100.0%)

Largest asset managers voting on “Elect Santhosh Iyengar Keshavan as Director” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	172,547,412	For
Fidelity	139,509,063	For
Capital Group	71,307,467	For
Dodge & Cox	59,548,000	For
MFS	38,713,314	For
Invesco	31,829,096	For
TIAA	20,813,801	For
EUPAC FUND	19,084,270	For
Dimensional	14,674,323	For
WisdomTree	11,958,717	For
Morgan Stanley	11,445,311	For
State Street	8,954,719	For
T. Rowe Price	8,906,063	For
JANUS INVESTMENT FUND	8,317,802	For
Franklin Templeton	7,059,782	For
TEMPLETON FUNDS	6,356,383	For
MATTHEWS INTERNATIONAL FUNDS	5,982,790	For
OLD WESTBURY FUNDS INC	4,982,413	For
Allspring	4,244,376	For
Northwestern Mutual	4,018,568	For
AllianceBernstein	3,912,171	For
American Century	3,526,380	For
Waddell & Reed	3,519,272	For
Calvert	3,460,045	For
WASATCH FUNDS TRUST	3,355,773	For

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

8. Approve Batliboi & Purohit, Chartered Accountants as Joint Statutory Auditors and Authorize Board to Fix Their Remuneration

AUDIT-RELATED

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 83 asset managers below cast 100% of the shares they voted on this item FOR (726,182,796 for, 0 against).

FOR: 726,182,796 (100.0%)

Largest asset managers voting on “Approve Batliboi & Purohit, Chartered Accountants as Joint Statutory Auditors and Authorize Board to Fix Their” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	171,865,720	For
Fidelity	131,733,383	For
Capital Group	88,099,210	For
Dodge & Cox	57,810,500	For
MFS	40,998,678	For
Invesco	31,880,132	For
EUPAC FUND	17,613,206	For
T. Rowe Price	13,851,012	For
TIAA	13,792,900	For
Morgan Stanley	12,776,974	For
WisdomTree	12,551,505	For
OLD WESTBURY FUNDS INC	11,883,869	For
Dimensional	10,584,704	For
JANUS INVESTMENT FUND	8,269,477	For
State Street	7,457,538	For
TEMPLETON FUNDS	6,687,043	For
Franklin Templeton	6,660,932	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	For
AllianceBernstein	5,125,462	For
Allspring	4,244,376	For
Thornburg	4,114,858	For
Northwestern Mutual	3,994,268	For
Waddell & Reed	3,881,656	For
Calvert	3,687,597	For
WASATCH FUNDS TRUST	3,394,222	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

9. Approve Grant of Equity Stock Options under Employees Stock Option Master Scheme - 2024

COMPENSATION

Meeting held 2024-08-09; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 83 asset managers below cast 99.8% of the shares they voted on this item FOR (727,381,352 for, 1,071,076 against).

FOR: 727,381,352 (99.9%)AGAINST: 1,071,076 (0.1%)

Largest asset managers voting on “Approve Grant of Equity Stock Options under Employees Stock Option Master Scheme - 2024” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	171,865,720	For
Fidelity	131,733,383	For
Capital Group	88,099,210	For
Dodge & Cox	57,810,500	For
MFS	40,998,678	For
Invesco	31,880,132	For
EUPAC FUND	17,613,206	For
T. Rowe Price	13,851,012	For
TIAA	13,792,900	For
Morgan Stanley	12,776,974	For
WisdomTree	12,551,505	For
OLD WESTBURY FUNDS INC	11,883,869	For
Dimensional	10,584,704	For
JANUS INVESTMENT FUND	8,269,477	For
State Street	7,457,538	For
TEMPLETON FUNDS	6,687,043	For
Franklin Templeton	6,660,932	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	For
AllianceBernstein	5,125,462	For
Allspring	4,244,376	For
Thornburg	4,114,858	For
Northwestern Mutual	3,994,268	For
Waddell & Reed	3,881,656	For
Calvert	3,687,597	For
WASATCH FUNDS TRUST	3,394,222	For

Showing the 25 largest of 83 asset managers. See all 83 in the interactive database.

10. Accept Consolidated Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (725,893,496 for, 0 against).

FOR: 725,893,496 (100.0%)

Largest asset managers voting on “Accept Consolidated Financial Statements and Statutory Reports” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	171,865,720	For
Fidelity	131,733,383	For
Capital Group	88,099,210	For
Dodge & Cox	57,810,500	For
MFS	40,998,678	For
Invesco	31,880,132	For
EUPAC FUND	17,613,206	For
T. Rowe Price	13,851,012	For
TIAA	13,792,900	For
Morgan Stanley	12,776,974	For
WisdomTree	12,551,505	For
OLD WESTBURY FUNDS INC	11,883,869	For
Dimensional	10,584,704	For
JANUS INVESTMENT FUND	8,269,477	For
State Street	7,457,538	For
TEMPLETON FUNDS	6,687,043	For
Franklin Templeton	6,660,932	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	For
AllianceBernstein	5,125,462	For
Allspring	4,244,376	For
Thornburg	4,114,858	For
Northwestern Mutual	3,994,268	For
Waddell & Reed	3,881,656	For
Calvert	3,687,597	For
WASATCH FUNDS TRUST	3,394,222	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

11. Accept Standalone Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (725,893,496 for, 0 against).

FOR: 725,893,496 (100.0%)

Largest asset managers voting on “Accept Standalone Financial Statements and Statutory Reports” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	171,865,720	For
Fidelity	131,733,383	For
Capital Group	88,099,210	For
Dodge & Cox	57,810,500	For
MFS	40,998,678	For
Invesco	31,880,132	For
EUPAC FUND	17,613,206	For
T. Rowe Price	13,851,012	For
TIAA	13,792,900	For
Morgan Stanley	12,776,974	For
WisdomTree	12,551,505	For
OLD WESTBURY FUNDS INC	11,883,869	For
Dimensional	10,584,704	For
JANUS INVESTMENT FUND	8,269,477	For
State Street	7,457,538	For
TEMPLETON FUNDS	6,687,043	For
Franklin Templeton	6,660,932	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	For
AllianceBernstein	5,125,462	For
Allspring	4,244,376	For
Thornburg	4,114,858	For
Northwestern Mutual	3,994,268	For
Waddell & Reed	3,881,656	For
Calvert	3,687,597	For
WASATCH FUNDS TRUST	3,394,222	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

12. Approve Dividend

CAPITAL STRUCTURE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (725,893,496 for, 0 against).

FOR: 725,893,496 (100.0%)

Largest asset managers voting on “Approve Dividend” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	171,865,720	For
Fidelity	131,733,383	For
Capital Group	88,099,210	For
Dodge & Cox	57,810,500	For
MFS	40,998,678	For
Invesco	31,880,132	For
EUPAC FUND	17,613,206	For
T. Rowe Price	13,851,012	For
TIAA	13,792,900	For
Morgan Stanley	12,776,974	For
WisdomTree	12,551,505	For
OLD WESTBURY FUNDS INC	11,883,869	For
Dimensional	10,584,704	For
JANUS INVESTMENT FUND	8,269,477	For
State Street	7,457,538	For
TEMPLETON FUNDS	6,687,043	For
Franklin Templeton	6,660,932	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	For
AllianceBernstein	5,125,462	For
Allspring	4,244,376	For
Thornburg	4,114,858	For
Northwestern Mutual	3,994,268	For
Waddell & Reed	3,881,656	For
Calvert	3,687,597	For
WASATCH FUNDS TRUST	3,394,222	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

13. Authorize Issuance of Long-Term Bonds (Financing of Infrastructure and Affordable housing), Perpetual Debt Instruments (Part of Additional Tier I Capital) and Tier II Capital Bonds Through Private Placement Mode

CAPITAL STRUCTUREOTHER

Meeting held 2024-08-09; no official results are on file for this meeting.

99% fund support · no official result

FOR 99%

The 82 asset managers below cast 99% of the shares they voted on this item FOR (718,215,406 for, 7,678,090 against).

FOR: 718,215,406 (98.9%)AGAINST: 7,678,090 (1.1%)

Largest asset managers voting on “Authorize Issuance of Long-Term Bonds (Financing of Infrastructure and Affordable housing), Perpetual Debt Ins” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	171,865,720	0	For
Fidelity	131,733,383	0	For
Capital Group	88,099,210	0	For
Dodge & Cox	57,810,500	0	For
MFS	40,998,678	0	For
Invesco	31,880,132	0	For
EUPAC FUND	17,613,206	0	For
T. Rowe Price	13,851,012	0	For
TIAA	13,792,900	0	For
Morgan Stanley	12,776,974	0	For
WisdomTree	12,551,505	0	For
OLD WESTBURY FUNDS INC	11,883,869	0	For
Dimensional	10,584,704	0	For
JANUS INVESTMENT FUND	8,269,477	0	For
State Street	0	7,457,538	Against
TEMPLETON FUNDS	6,687,043	0	For
Franklin Templeton	6,660,932	0	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	0	For
AllianceBernstein	5,125,462	0	For
Allspring	4,244,376	0	For
Thornburg	4,114,858	0	For
Northwestern Mutual	3,994,268	0	For
Waddell & Reed	3,881,656	0	For
Calvert	3,687,597	0	For
WASATCH FUNDS TRUST	3,394,222	0	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

14. Reelect Bhavesh Zaveri as Director

DIRECTOR ELECTIONS

Meeting held 2024-08-09; no official results are on file for this meeting.

78% fund support · no official result

FOR 78%AGAINST 22%

The 82 asset managers below cast 78% of the shares they voted on this item FOR (564,824,999 for, 161,068,497 against).

FOR: 564,824,999 (77.8%)AGAINST: 161,068,497 (22.2%)

Largest asset managers voting on “Reelect Bhavesh Zaveri as Director” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	171,683,839	181,881	For
Fidelity	16,077,239	115,656,144	Against
Capital Group	88,099,210	0	For
Dodge & Cox	57,810,500	0	For
MFS	40,998,678	0	For
Invesco	0	31,880,132	Against
EUPAC FUND	17,613,206	0	For
T. Rowe Price	13,851,012	0	For
TIAA	13,792,900	0	For
Morgan Stanley	12,776,974	0	For
WisdomTree	12,551,505	0	For
OLD WESTBURY FUNDS INC	11,883,869	0	For
Dimensional	10,584,704	0	For
JANUS INVESTMENT FUND	8,269,477	0	For
State Street	7,457,538	0	For
TEMPLETON FUNDS	0	6,687,043	Against
Franklin Templeton	5,665,407	995,525	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	0	For
AllianceBernstein	5,125,462	0	For
Allspring	4,244,376	0	For
Thornburg	4,114,858	0	For
Northwestern Mutual	3,758,539	235,729	For
Waddell & Reed	3,881,656	0	For
Calvert	0	3,687,597	Against
WASATCH FUNDS TRUST	3,394,222	0	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

15. Reelect Keki Mistry as Director

DIRECTOR ELECTIONS

Meeting held 2024-08-09; no official results are on file for this meeting.

82% fund support · no official result

FOR 82%AGAINST 18%

The 82 asset managers below cast 82% of the shares they voted on this item FOR (593,956,114 for, 131,937,382 against).

FOR: 593,956,114 (81.8%)AGAINST: 131,937,382 (18.2%)

Largest asset managers voting on “Reelect Keki Mistry as Director” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	167,374,824	4,490,896	For
Fidelity	16,077,239	115,656,144	Against
Capital Group	88,099,210	0	For
Dodge & Cox	57,810,500	0	For
MFS	40,998,678	0	For
Invesco	31,880,132	0	For
EUPAC FUND	17,613,206	0	For
T. Rowe Price	13,851,012	0	For
TIAA	13,792,900	0	For
Morgan Stanley	12,776,974	0	For
WisdomTree	12,551,505	0	For
OLD WESTBURY FUNDS INC	11,883,869	0	For
Dimensional	10,584,704	0	For
JANUS INVESTMENT FUND	8,269,477	0	For
State Street	7,457,538	0	For
TEMPLETON FUNDS	0	6,687,043	Against
Franklin Templeton	5,665,407	995,525	For
MATTHEWS INTERNATIONAL FUNDS	5,473,548	0	For
AllianceBernstein	5,125,462	0	For
Allspring	4,244,376	0	For
Thornburg	4,114,858	0	For
Northwestern Mutual	3,758,539	235,729	For
Waddell & Reed	3,881,656	0	For
Calvert	0	3,687,597	Against
WASATCH FUNDS TRUST	3,394,222	0	For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

16. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH PAYU PAYMENTS PRIVATE LIMITED

OTHER

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 22 asset managers below cast 100% of the shares they voted on this item FOR (180,415,847 for, 0 against).

FOR: 180,415,847 (100.0%)

Largest asset managers voting on “TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH PAYU PAYMENTS PRIVATE LIMITED” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	134,322,055	For
Vanguard	16,342,016	For
TOUCHSTONE STRATEGIC TRUST	4,142,971	For
Bridge Builder Trust	3,444,820	For
BAILLIE GIFFORD FUNDS	3,315,604	For
John Hancock	3,290,723	For
Brown Advisory Funds	3,248,330	For
JPMorgan	2,351,668	For
ADVISORS SERIES TRUST	2,185,782	For
HARDING LOEVNER FUNDS INC	2,122,070	For
Jackson National	1,302,077	For
Brighthouse	1,194,656	For
HARBOR FUNDS	1,072,607	For
FINANCIAL INVESTORS TRUST	710,000	For
MASTER INVESTMENT PORTFOLIO	690,218	For
OPTIMUM FUND TRUST	335,103	For
TOUCHSTONE FUNDS GROUP TRUST	149,685	For
RBC FUNDS TRUST	100,073	For
Krane Shares Trust	50,035	For
PFM Multi-Manager Series Trust	27,351	For
GPS Funds I	17,796	For
UNIFIED SERIES TRUST	207	For

17. TO APPROVE THE APPOINTMENT OF MR. SANTHOSH IYENGAR KESHAVAN (DIN: 08466631) AS AN INDEPENDENT DIRECTOR OF THE BANK

DIRECTOR ELECTIONSCOMPENSATION

Meeting held 2025-01-11; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (195,356,252 for, 0 against).

FOR: 195,356,252 (100.0%)

Largest asset managers voting on “TO APPROVE THE APPOINTMENT OF MR. SANTHOSH IYENGAR KESHAVAN (DIN: 08466631) AS AN INDEPENDENT DIRECTOR OF THE ” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	140,588,308	For
Vanguard	20,763,957	For
John Hancock	7,060,285	For
TOUCHSTONE STRATEGIC TRUST	4,497,760	For
Brown Advisory Funds	3,248,330	For
BAILLIE GIFFORD FUNDS	3,179,283	For
HARDING LOEVNER FUNDS INC	2,584,177	For
Jackson National	2,379,153	For
JPMorgan	2,317,344	For
ADVISORS SERIES TRUST	2,185,782	For
Bridge Builder Trust	2,118,789	For
Brighthouse	1,219,950	For
HARBOR FUNDS	1,127,014	For
FINANCIAL INVESTORS TRUST	735,000	For
MASTER INVESTMENT PORTFOLIO	672,563	For
OPTIMUM FUND TRUST	341,470	For
TOUCHSTONE FUNDS GROUP TRUST	162,969	For
RBC FUNDS TRUST	100,073	For
Krane Shares Trust	54,293	For
GPS Funds I	17,796	For
PFM Multi-Manager Series Trust	1,956	For

18. TO APPOINT A DIRECTOR IN PLACE OF MR. BHAVESH ZAVERI (DIN: 01550468), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE- APPOINTMENT

DIRECTOR ELECTIONS

Meeting held 2024-08-09; no official results are on file for this meeting.

97% fund support · no official result

FOR 97%

The 21 asset managers below cast 97% of the shares they voted on this item FOR (137,137,095 for, 4,465,351 against).

FOR: 137,137,095 (96.8%)AGAINST: 4,465,351 (3.2%)

Largest asset managers voting on “TO APPOINT A DIRECTOR IN PLACE OF MR. BHAVESH ZAVERI (DIN: 01550468), WHO RETIRES BY ROTATION AND BEING ELIGIB” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
BlackRock	77,130,166	0	For
Vanguard	23,798,572	0	For
John Hancock	6,840,451	0	For
Brown Advisory Funds	5,989,650	231,675	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	0	For
BAILLIE GIFFORD FUNDS	4,533,990	0	For
HARDING LOEVNER FUNDS INC	3,849,330	0	For
ADVISORS SERIES TRUST	0	3,826,420	Against
Jackson National	2,170,820	407,256	For
Bridge Builder Trust	2,100,099	0	For
JPMorgan	1,477,442	0	For
Brighthouse	1,360,268	0	For
HARBOR FUNDS	1,241,233	0	For
FINANCIAL INVESTORS TRUST	812,721	0	For
OPTIMUM FUND TRUST	341,470	0	For
MASTER INVESTMENT PORTFOLIO	338,775	0	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	0	For
RBC FUNDS TRUST	88,586	0	For
Krane Shares Trust	54,293	0	For
Advisors' Inner Circle Fund III	21,218	0	For
GPS Funds I	18,266	0	For

19. TO APPOINT A DIRECTOR IN PLACE OF MR. KEKI MISTRY (DIN: 00008886), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE, OFFERS HIMSELF FOR RE- APPOINTMENT

DIRECTOR ELECTIONS

Meeting held 2024-08-09; no official results are on file for this meeting.

94% fund support · no official result

FOR 94%

The 21 asset managers below cast 94% of the shares they voted on this item FOR (133,366,008 for, 8,236,438 against).

FOR: 133,366,008 (94.2%)AGAINST: 8,236,438 (5.8%)

Largest asset managers voting on “TO APPOINT A DIRECTOR IN PLACE OF MR. KEKI MISTRY (DIN: 00008886), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
BlackRock	77,130,166	0	For
Vanguard	23,798,572	0	For
John Hancock	2,662,108	4,178,343	Against
Brown Advisory Funds	5,989,650	231,675	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	0	For
BAILLIE GIFFORD FUNDS	4,533,990	0	For
HARDING LOEVNER FUNDS INC	3,849,330	0	For
ADVISORS SERIES TRUST	0	3,826,420	Against
Jackson National	2,578,076	0	For
Bridge Builder Trust	2,100,099	0	For
JPMorgan	1,477,442	0	For
Brighthouse	1,360,268	0	For
HARBOR FUNDS	1,241,233	0	For
FINANCIAL INVESTORS TRUST	812,721	0	For
OPTIMUM FUND TRUST	341,470	0	For
MASTER INVESTMENT PORTFOLIO	338,775	0	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	0	For
RBC FUNDS TRUST	88,586	0	For
Krane Shares Trust	54,293	0	For
Advisors' Inner Circle Fund III	21,218	0	For
GPS Funds I	18,266	0	For

20. TO APPOINT M/S. BATLIBOI AND PUROHIT, CHARTERED ACCOUNTANTS AS JOINT STATUTORY AUDITORS AND TO FIX THE OVERALL REMUNERATION OF THE JOINT STATUTORY AUDITORS

AUDIT-RELATED

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (141,602,446 for, 0 against).

FOR: 141,602,446 (100.0%)

Largest asset managers voting on “TO APPOINT M/S. BATLIBOI AND PUROHIT, CHARTERED ACCOUNTANTS AS JOINT STATUTORY AUDITORS AND TO FIX THE OVERALL” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	77,130,166	For
Vanguard	23,798,572	For
John Hancock	6,840,451	For
Brown Advisory Funds	6,221,325	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	For
BAILLIE GIFFORD FUNDS	4,533,990	For
HARDING LOEVNER FUNDS INC	3,849,330	For
ADVISORS SERIES TRUST	3,826,420	For
Jackson National	2,578,076	For
Bridge Builder Trust	2,100,099	For
JPMorgan	1,477,442	For
Brighthouse	1,360,268	For
HARBOR FUNDS	1,241,233	For
FINANCIAL INVESTORS TRUST	812,721	For
OPTIMUM FUND TRUST	341,470	For
MASTER INVESTMENT PORTFOLIO	338,775	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	For
RBC FUNDS TRUST	88,586	For
Krane Shares Trust	54,293	For
Advisors' Inner Circle Fund III	21,218	For
GPS Funds I	18,266	For

21. TO CONSIDER DECLARATION OF DIVIDEND ON EQUITY SHARES

CAPITAL STRUCTURE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (141,602,446 for, 0 against).

FOR: 141,602,446 (100.0%)

Largest asset managers voting on “TO CONSIDER DECLARATION OF DIVIDEND ON EQUITY SHARES” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	77,130,166	For
Vanguard	23,798,572	For
John Hancock	6,840,451	For
Brown Advisory Funds	6,221,325	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	For
BAILLIE GIFFORD FUNDS	4,533,990	For
HARDING LOEVNER FUNDS INC	3,849,330	For
ADVISORS SERIES TRUST	3,826,420	For
Jackson National	2,578,076	For
Bridge Builder Trust	2,100,099	For
JPMorgan	1,477,442	For
Brighthouse	1,360,268	For
HARBOR FUNDS	1,241,233	For
FINANCIAL INVESTORS TRUST	812,721	For
OPTIMUM FUND TRUST	341,470	For
MASTER INVESTMENT PORTFOLIO	338,775	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	For
RBC FUNDS TRUST	88,586	For
Krane Shares Trust	54,293	For
Advisors' Inner Circle Fund III	21,218	For
GPS Funds I	18,266	For

22. TO GRANT EQUITY STOCK OPTIONS UNDER EMPLOYEES STOCK OPTION MASTER SCHEME - 2024 AND IN THIS REGARD TO CONSIDER

CAPITAL STRUCTURE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (141,602,446 for, 0 against).

FOR: 141,602,446 (100.0%)

Largest asset managers voting on “TO GRANT EQUITY STOCK OPTIONS UNDER EMPLOYEES STOCK OPTION MASTER SCHEME - 2024 AND IN THIS REGARD TO CONSIDER” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	77,130,166	For
Vanguard	23,798,572	For
John Hancock	6,840,451	For
Brown Advisory Funds	6,221,325	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	For
BAILLIE GIFFORD FUNDS	4,533,990	For
HARDING LOEVNER FUNDS INC	3,849,330	For
ADVISORS SERIES TRUST	3,826,420	For
Jackson National	2,578,076	For
Bridge Builder Trust	2,100,099	For
JPMorgan	1,477,442	For
Brighthouse	1,360,268	For
HARBOR FUNDS	1,241,233	For
FINANCIAL INVESTORS TRUST	812,721	For
OPTIMUM FUND TRUST	341,470	For
MASTER INVESTMENT PORTFOLIO	338,775	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	For
RBC FUNDS TRUST	88,586	For
Krane Shares Trust	54,293	For
Advisors' Inner Circle Fund III	21,218	For
GPS Funds I	18,266	For

23. TO ISSUE LONG-TERM BONDS (FINANCING OF INFRASTRUCTURE AND AFFORDABLE HOUSING), PERPETUAL DEBT INSTRUMENTS (PART OF ADDITIONAL TIER I CAPITAL) AND TIER II CAPITAL BONDS THROUGH PRIVATE PLACEMENT MODE

CAPITAL STRUCTURE

Meeting held 2024-08-09; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 21 asset managers below cast 99.9% of the shares they voted on this item FOR (141,503,925 for, 98,521 against).

FOR: 141,503,925 (99.9%)AGAINST: 98,521 (0.1%)

Largest asset managers voting on “TO ISSUE LONG-TERM BONDS (FINANCING OF INFRASTRUCTURE AND AFFORDABLE HOUSING), PERPETUAL DEBT INSTRUMENTS (PAR” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
BlackRock	77,130,166	0	For
Vanguard	23,798,572	0	For
John Hancock	6,741,930	98,521	For
Brown Advisory Funds	6,221,325	0	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	0	For
BAILLIE GIFFORD FUNDS	4,533,990	0	For
HARDING LOEVNER FUNDS INC	3,849,330	0	For
ADVISORS SERIES TRUST	3,826,420	0	For
Jackson National	2,578,076	0	For
Bridge Builder Trust	2,100,099	0	For
JPMorgan	1,477,442	0	For
Brighthouse	1,360,268	0	For
HARBOR FUNDS	1,241,233	0	For
FINANCIAL INVESTORS TRUST	812,721	0	For
OPTIMUM FUND TRUST	341,470	0	For
MASTER INVESTMENT PORTFOLIO	338,775	0	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	0	For
RBC FUNDS TRUST	88,586	0	For
Krane Shares Trust	54,293	0	For
Advisors' Inner Circle Fund III	21,218	0	For
GPS Funds I	18,266	0	For

24. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (CONSOLIDATED) OF THE BANK FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 ALONG WITH THE REPORT OF AUDITORS THEREON

AUDIT-RELATED

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (141,602,446 for, 0 against).

FOR: 141,602,446 (100.0%)

Largest asset managers voting on “TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (CONSOLIDATED) OF THE BANK FOR THE FINANCIAL Y” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	77,130,166	For
Vanguard	23,798,572	For
John Hancock	6,840,451	For
Brown Advisory Funds	6,221,325	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	For
BAILLIE GIFFORD FUNDS	4,533,990	For
HARDING LOEVNER FUNDS INC	3,849,330	For
ADVISORS SERIES TRUST	3,826,420	For
Jackson National	2,578,076	For
Bridge Builder Trust	2,100,099	For
JPMorgan	1,477,442	For
Brighthouse	1,360,268	For
HARBOR FUNDS	1,241,233	For
FINANCIAL INVESTORS TRUST	812,721	For
OPTIMUM FUND TRUST	341,470	For
MASTER INVESTMENT PORTFOLIO	338,775	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	For
RBC FUNDS TRUST	88,586	For
Krane Shares Trust	54,293	For
Advisors' Inner Circle Fund III	21,218	For
GPS Funds I	18,266	For

25. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (STANDALONE) OF THE BANK FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 ALONG WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON

AUDIT-RELATED

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 21 asset managers below cast 100% of the shares they voted on this item FOR (141,602,446 for, 0 against).

FOR: 141,602,446 (100.0%)

Largest asset managers voting on “TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (STANDALONE) OF THE BANK FOR THE FINANCIAL YEA” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
BlackRock	77,130,166	For
Vanguard	23,798,572	For
John Hancock	6,840,451	For
Brown Advisory Funds	6,221,325	For
TOUCHSTONE STRATEGIC TRUST	4,802,562	For
BAILLIE GIFFORD FUNDS	4,533,990	For
HARDING LOEVNER FUNDS INC	3,849,330	For
ADVISORS SERIES TRUST	3,826,420	For
Jackson National	2,578,076	For
Bridge Builder Trust	2,100,099	For
JPMorgan	1,477,442	For
Brighthouse	1,360,268	For
HARBOR FUNDS	1,241,233	For
FINANCIAL INVESTORS TRUST	812,721	For
OPTIMUM FUND TRUST	341,470	For
MASTER INVESTMENT PORTFOLIO	338,775	For
TOUCHSTONE FUNDS GROUP TRUST	167,183	For
RBC FUNDS TRUST	88,586	For
Krane Shares Trust	54,293	For
Advisors' Inner Circle Fund III	21,218	For
GPS Funds I	18,266	For

26. Related Party Transactions (HCL Technologies Limited)

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (39,998,964 for, 0 against).

FOR: 39,998,964 (100.0%)

Largest asset managers voting on “Related Party Transactions (HCL Technologies Limited)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	15,476,368	For
Charles Schwab	8,837,798	For
Hartford	8,070,120	For
Fidelity	2,282,564	For
Russell Investments	1,925,863	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
VanEck Funds	264,000	For
SEI	232,628	For
Global X	77,822	For
SEI Exchange Traded Funds	67,456	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	23,893	For
Federated Hermes	9,393	For
Goldman Sachs	2,406	For

27. Related Party Transactions (HDB Financial Services Limited)

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (39,998,964 for, 0 against).

FOR: 39,998,964 (100.0%)

Largest asset managers voting on “Related Party Transactions (HDB Financial Services Limited)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	15,476,368	For
Charles Schwab	8,837,798	For
Hartford	8,070,120	For
Fidelity	2,282,564	For
Russell Investments	1,925,863	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
VanEck Funds	264,000	For
SEI	232,628	For
Global X	77,822	For
SEI Exchange Traded Funds	67,456	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	23,893	For
Federated Hermes	9,393	For
Goldman Sachs	2,406	For

28. Related Party Transactions (HDFC ERGO General Insurance Company Limited)

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (39,998,964 for, 0 against).

FOR: 39,998,964 (100.0%)

Largest asset managers voting on “Related Party Transactions (HDFC ERGO General Insurance Company Limited)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	15,476,368	For
Charles Schwab	8,837,798	For
Hartford	8,070,120	For
Fidelity	2,282,564	For
Russell Investments	1,925,863	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
VanEck Funds	264,000	For
SEI	232,628	For
Global X	77,822	For
SEI Exchange Traded Funds	67,456	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	23,893	For
Federated Hermes	9,393	For
Goldman Sachs	2,406	For

29. Related Party Transactions (HDFC Life Insurance Company Limited)

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (39,998,964 for, 0 against).

FOR: 39,998,964 (100.0%)

Largest asset managers voting on “Related Party Transactions (HDFC Life Insurance Company Limited)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	15,476,368	For
Charles Schwab	8,837,798	For
Hartford	8,070,120	For
Fidelity	2,282,564	For
Russell Investments	1,925,863	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
VanEck Funds	264,000	For
SEI	232,628	For
Global X	77,822	For
SEI Exchange Traded Funds	67,456	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	23,893	For
Federated Hermes	9,393	For
Goldman Sachs	2,406	For

30. Related Party Transactions (HDFC Securities Limited)

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (39,998,964 for, 0 against).

FOR: 39,998,964 (100.0%)

Largest asset managers voting on “Related Party Transactions (HDFC Securities Limited)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	15,476,368	For
Charles Schwab	8,837,798	For
Hartford	8,070,120	For
Fidelity	2,282,564	For
Russell Investments	1,925,863	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
VanEck Funds	264,000	For
SEI	232,628	For
Global X	77,822	For
SEI Exchange Traded Funds	67,456	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	23,893	For
Federated Hermes	9,393	For
Goldman Sachs	2,406	For

31. Related Party Transactions (PayU Payments Private Limited)

CORPORATE GOVERNANCE

Meeting held 2025-03-26; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (39,998,964 for, 0 against).

FOR: 39,998,964 (100.0%)

Largest asset managers voting on “Related Party Transactions (PayU Payments Private Limited)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	15,476,368	For
Charles Schwab	8,837,798	For
Hartford	8,070,120	For
Fidelity	2,282,564	For
Russell Investments	1,925,863	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
VanEck Funds	264,000	For
SEI	232,628	For
Global X	77,822	For
SEI Exchange Traded Funds	67,456	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	23,893	For
Federated Hermes	9,393	For
Goldman Sachs	2,406	For

32. Elect Santhosh Iyengar Keshavan

DIRECTOR ELECTIONS

Meeting held 2025-01-11; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (34,656,857 for, 0 against).

FOR: 34,656,857 (100.0%)

Largest asset managers voting on “Elect Santhosh Iyengar Keshavan” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	13,206,694	For
Charles Schwab	8,427,646	For
Hartford	6,284,556	For
Fidelity	1,742,252	For
Russell Investments	1,550,491	For
Advisors' Inner Circle Fund III	1,176,804	For
Datum One Series Trust	1,026,377	For
Mercer Funds	360,200	For
SEI	281,717	For
VanEck Funds	264,000	For
Global X	79,622	For
SEI Exchange Traded Funds	68,356	For
PACE SELECT ADVISORS TRUST	56,692	For
VanEck VIP Trust	55,200	For
Morgan Stanley	53,380	For
Prudential/PGIM	13,462	For
Federated Hermes	9,408	For

33. Accounts and Reports (Consolidated)

CORPORATE GOVERNANCE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (25,620,548 for, 0 against).

FOR: 25,620,548 (100.0%)

Largest asset managers voting on “Accounts and Reports (Consolidated)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	8,318,800	For
Charles Schwab	7,920,186	For
Hartford	2,176,194	For
Russell Investments	1,768,609	For
Mercer Funds	1,038,864	For
Datum One Series Trust	1,026,377	For
SEI	1,005,644	For
Fidelity	845,511	For
Advisors' Inner Circle Fund III	741,127	For
VanEck Funds	343,022	For
Transamerica	264,060	For
VanEck VIP Trust	65,200	For
Morgan Stanley	53,380	For
Global X	47,762	For
Prudential/PGIM	3,483	For
Federated Hermes	2,329	For

34. Accounts and Reports (Standalone)

CORPORATE GOVERNANCE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (25,620,548 for, 0 against).

FOR: 25,620,548 (100.0%)

Largest asset managers voting on “Accounts and Reports (Standalone)” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	8,318,800	For
Charles Schwab	7,920,186	For
Hartford	2,176,194	For
Russell Investments	1,768,609	For
Mercer Funds	1,038,864	For
Datum One Series Trust	1,026,377	For
SEI	1,005,644	For
Fidelity	845,511	For
Advisors' Inner Circle Fund III	741,127	For
VanEck Funds	343,022	For
Transamerica	264,060	For
VanEck VIP Trust	65,200	For
Morgan Stanley	53,380	For
Global X	47,762	For
Prudential/PGIM	3,483	For
Federated Hermes	2,329	For

35. Allocation of Profits/Dividends

CAPITAL STRUCTURE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (25,620,548 for, 0 against).

FOR: 25,620,548 (100.0%)

Largest asset managers voting on “Allocation of Profits/Dividends” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	8,318,800	For
Charles Schwab	7,920,186	For
Hartford	2,176,194	For
Russell Investments	1,768,609	For
Mercer Funds	1,038,864	For
Datum One Series Trust	1,026,377	For
SEI	1,005,644	For
Fidelity	845,511	For
Advisors' Inner Circle Fund III	741,127	For
VanEck Funds	343,022	For
Transamerica	264,060	For
VanEck VIP Trust	65,200	For
Morgan Stanley	53,380	For
Global X	47,762	For
Prudential/PGIM	3,483	For
Federated Hermes	2,329	For

36. Appointment of Auditor and Authority to Set Fees

AUDIT-RELATED

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (25,620,548 for, 0 against).

FOR: 25,620,548 (100.0%)

Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	8,318,800	For
Charles Schwab	7,920,186	For
Hartford	2,176,194	For
Russell Investments	1,768,609	For
Mercer Funds	1,038,864	For
Datum One Series Trust	1,026,377	For
SEI	1,005,644	For
Fidelity	845,511	For
Advisors' Inner Circle Fund III	741,127	For
VanEck Funds	343,022	For
Transamerica	264,060	For
VanEck VIP Trust	65,200	For
Morgan Stanley	53,380	For
Global X	47,762	For
Prudential/PGIM	3,483	For
Federated Hermes	2,329	For

37. Approval of the Employees Stock Option Master Scheme - 2024

COMPENSATION

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (25,620,548 for, 0 against).

FOR: 25,620,548 (100.0%)

Largest asset managers voting on “Approval of the Employees Stock Option Master Scheme - 2024” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	8,318,800	For
Charles Schwab	7,920,186	For
Hartford	2,176,194	For
Russell Investments	1,768,609	For
Mercer Funds	1,038,864	For
Datum One Series Trust	1,026,377	For
SEI	1,005,644	For
Fidelity	845,511	For
Advisors' Inner Circle Fund III	741,127	For
VanEck Funds	343,022	For
Transamerica	264,060	For
VanEck VIP Trust	65,200	For
Morgan Stanley	53,380	For
Global X	47,762	For
Prudential/PGIM	3,483	For
Federated Hermes	2,329	For

38. Authority to Issue Debt Instruments

CAPITAL STRUCTURE

Meeting held 2024-08-09; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 16 asset managers below cast 100% of the shares they voted on this item FOR (25,620,548 for, 0 against).

FOR: 25,620,548 (100.0%)

Largest asset managers voting on “Authority to Issue Debt Instruments” at HDFC BANK LTD., 2024-2025
Asset manager	For	Vote
Vanguard	8,318,800	For
Charles Schwab	7,920,186	For
Hartford	2,176,194	For
Russell Investments	1,768,609	For
Mercer Funds	1,038,864	For
Datum One Series Trust	1,026,377	For
SEI	1,005,644	For
Fidelity	845,511	For
Advisors' Inner Circle Fund III	741,127	For
VanEck Funds	343,022	For
Transamerica	264,060	For
VanEck VIP Trust	65,200	For
Morgan Stanley	53,380	For
Global X	47,762	For
Prudential/PGIM	3,483	For
Federated Hermes	2,329	For

39. Elect Bhavesh Zaveri

DIRECTOR ELECTIONS

Meeting held 2024-08-09; no official results are on file for this meeting.

96% fund support · no official result

FOR 96%

The 16 asset managers below cast 96% of the shares they voted on this item FOR (24,594,171 for, 1,026,377 against).

FOR: 24,594,171 (96.0%)AGAINST: 1,026,377 (4.0%)

Largest asset managers voting on “Elect Bhavesh Zaveri” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	8,318,800	0	For
Charles Schwab	7,920,186	0	For
Hartford	2,176,194	0	For
Russell Investments	1,768,609	0	For
Mercer Funds	1,038,864	0	For
Datum One Series Trust	0	1,026,377	Against
SEI	1,005,644	0	For
Fidelity	845,511	0	For
Advisors' Inner Circle Fund III	741,127	0	For
VanEck Funds	343,022	0	For
Transamerica	264,060	0	For
VanEck VIP Trust	65,200	0	For
Morgan Stanley	53,380	0	For
Global X	47,762	0	For
Prudential/PGIM	3,483	0	For
Federated Hermes	2,329	0	For

40. Elect Keki M. Mistry

DIRECTOR ELECTIONS

Meeting held 2024-08-09; no official results are on file for this meeting.

94% fund support · no official result

FOR 94%

The 16 asset managers below cast 94% of the shares they voted on this item FOR (24,162,774 for, 1,457,774 against).

FOR: 24,162,774 (94.3%)AGAINST: 1,457,774 (5.7%)

Largest asset managers voting on “Elect Keki M. Mistry” at HDFC BANK LTD., 2024-2025
Asset manager	For	Against	Vote
Vanguard	8,151,463	167,337	For
Charles Schwab	7,920,186	0	For
Hartford	2,176,194	0	For
Russell Investments	1,768,609	0	For
Mercer Funds	1,038,864	0	For
Datum One Series Trust	0	1,026,377	Against
SEI	1,005,644	0	For
Fidelity	845,511	0	For
Advisors' Inner Circle Fund III	741,127	0	For
VanEck Funds	343,022	0	For
Transamerica	0	264,060	Against
VanEck VIP Trust	65,200	0	For
Morgan Stanley	53,380	0	For
Global X	47,762	0	For
Prudential/PGIM	3,483	0	For
Federated Hermes	2,329	0	For

Showing the 40 reported items with the widest manager coverage, of 41 in total. View every item.

Largest HDFC BANK LTD. shareholders voting in 2024-2025

Ranked by the number of HDFC BANK LTD. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top HDFC BANK LTD. shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	Vanguard	187,578,165
2	Fidelity	143,003,034
3	BlackRock	134,322,055
4	Dodge & Cox	59,581,800
5	Capital Group	50,881,474
6	MFS	40,223,230
7	Invesco	28,487,031
8	EUPAC FUND	20,604,295
9	TIAA	19,429,485
10	Dimensional	15,391,414

Shown as share counts, not percentages: no shares-outstanding figure has been matched to HDFC BANK LTD. for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At HDFC BANK LTD.'s 3 shareholder meetings in the 2024-2025 proxy season (held 2024-08-09, 2025-01-11 and 2025-03-26), 126 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,979 separate fund positions. Their filings are grouped here into 41 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS WITH HCL TECHNOLOGIES LIMITED — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

HDFC BANK LTD. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.