UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of October, 2018

Commission File Number 001-15216

HDFC BANK LIMITED

(Translation of registrant’s name into English)

HDFC Bank House, Senapati Bapat Marg,

Lower Parel, Mumbai. 400 013, India

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒             Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):    Yes  ☐    No  ☒

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):    Yes  ☐    No  ☒

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.    Yes  ☐    No  ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-Not Applicable.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

EXHIBIT INDEX

The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this Report pursuant to the General Instructions for Form 6-K.

Exhibit I

Description

Communication dated October 20, 2018 addressed to The New York Stock Exchange, New York, United States of America (USA) intimating about outcome of the Board meeting of Bank held on October 20, 2018.

Exhibit I

20^th October, 2018

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir / Madam,

Re: Financial Results for the Quarter and Half Year ended 30th September, 2018

We send herewith the financial results for the second quarter (unaudited) and half year (audited) ended on 30^th September, 2018, segment reporting, Press Release and report of the Statutory Auditor in this regard. The results were duly approved by the Board of Directors at its meeting held today.

The aforesaid audited financial results have been submitted to the stock exchanges in India as per the listing requirements of those Stock Exchanges.

Kindly take the same on your records.

Thanking you,

Yours faithfully,

For HDFC Bank Limited

Sd/-

Santosh Haldankar

Vice President- Legal & Company Secretary

Encl. : a/a.

HDFC BANK LIMITED

FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2018

( in lacs)

		Particulars		Quarter ended												Half year ended								Year ended
				30.09.2018				30.06.2018				30.09.2017				30.09.2018				30.09.2017				31.03.2018
				Unaudited				Unaudited				Unaudited				Audited				Audited				Audited
1		Interest Earned (a)+(b)+(c)+(d)			2419956				2254898				1967028				4674854				3833900				8024135
		a) Interest / discount on advances / bills			1882768				1739073				1535575				3621841				2984181				6266179
		b) Income on Investments			504224				458929				400646				963153				789943				1622237
		c) Interest on balances with Reserve Bank of India and other inter bank funds			9358				33238				10649				42596				21469				52388
		d) Others			23606				23658				20158				47264				38307				83331
2		Other Income			401559				381806				360590				783365				712256				1522031
3		Total Income (1)+(2)			2821515				2636704				2327618				5458219				4546156				9546166
4		Interest Expended			1243615				1173541				991821				2417156				1921619				4014649
5		Operating Expenses (i)+(ii)			629905				598388				554005				1228293				1090751				2269036
		i) Employees cost			190921				181051				171577				371972				337328				680574
		ii) Other operating expenses (Refer Note 8)			438984				417337				382428				856321				753423				1588462
6		Total Expenditure (4)+(5) (excluding Provisions and Contingencies)			1873520				1771929				1545826				3645449				3012370				6283685
7		Operating Profit before Provisions and Contingencies (3)-(6)			947995				864775				781792				1812770				1533786				3262481
8		Provisions (other than tax) and Contingencies			181996				162937				147619				344933				303495				592749
9		Exceptional Items			—				—				—				—				—				—
10		Profit / (Loss) from Ordinary Activities before tax (7)-(8)-(9)			765999				701838				634173				1467837				1230291				2669732
11		Tax Expense			265426				241694				219070				507120				425804				921057
12		Net Profit / (Loss) from Ordinary Activities after tax (10)-(11)			500573				460144				415103				960717				804487				1748675
13		Extraordinary items (net of tax expense)			—				—				—				—				—				—
14		Net Profit / (Loss) for the period (12)-(13)			500573				460144				415103				960717				804487				1748675
15		Paid up equity share capital (Face Value of 2/- each)			54344				52083				51680				54344				51680				51902
16		Reserves excluding revaluation reserves (as per balance sheet of previous accounting year)																							10577601
17		Analytical Ratios
		(i) Percentage of shares held by Government of India			Nil				Nil				Nil				Nil				Nil				Nil
		(ii) Capital Adequacy Ratio			17.1	%			14.6	%			15.1	%			17.1	%			15.1	%			14.8	%
		(iii) Earnings per share ( )
		(a) Basic EPS before & after extraordinary items (net of tax expense) - not annualized			18.7				17.7				16.1				36.4				31.3				67.8
		(b) Diluted EPS before & after extraordinary items (net of tax expense) - not annualized			18.5				17.5				15.9				36.0				30.9				66.8
		(iv) NPA Ratios
		(a) Gross NPAs			1009773				953862				770284				1009773				770284				860697
		(b) Net NPAs			302824				290710				259683				302824				259683				260102
		(c) % of Gross NPAs to Gross Advances			1.33	%			1.33	%			1.26	%			1.33	%			1.26	%			1.30	%
		(d) % of Net NPAs to Net Advances			0.40	%			0.41	%			0.43	%			0.40	%			0.43	%			0.40	%
		(v) Return on assets (average) - not annualized			0.00	%			0.44	%			0.47	%			0.00	%			0.93	%			1.93	%

Segment information in accordance with the Accounting Standard on Segment Reporting (AS 17) of the operating segments of the Bank is as under:

(  in lacs)

Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, the organisation structure, the internal business reporting system and the guidelines prescribed by RBI.

Regd. Office : HDFC Bank Ltd., HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013.

Notes :

							( in lacs)
Particulars		As at 30.09.2018				As at 30.09.2017				As at 31.03.2018
CAPITAL AND LIABILITIES		Audited				Audited				Audited
Capital			54344				51680				51902
Reserves and Surplus			13668864				9542639				10577601
Deposits			83336412				68934590				78877064
Borrowings			14271858				10153108				12310497
Other Liabilities and Provisions			5658307				4681716				4576367
Total			116989785				93363733				106393431
ASSETS
Cash and Balances with Reserve Bank of India			5074353				3594151				10467047
Balances with Banks and Money at Call and Short notice			1373281				988759				1824460
Investments			30008586				24027904				24220024
Advances			75083810				60486694				65833309
Fixed Assets			380580				353287				360721
Other Assets			5069175				3912938				3687870
Total			116989785				93363733				106393431

 10 million =  1 crore

Regd. Office : HDFC Bank Ltd., HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013.

		NEWS RELEASE		HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013.

HDFC Bank Limited

FINANCIAL RESULTS (INDIAN GAAP) FOR THE QUARTER AND HALF YEAR

ENDED SEPTEMBER 30, 2018

The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarter and half year ended September 30, 2018, at their meeting held in Mumbai on Saturday, October 20, 2018. The accounts have been subjected to an audit by the statutory auditors of the Bank.

FINANCIAL RESULTS:

Profit & Loss Account: Quarter ended September 30, 2018

The Bank’s total income for the quarter ended September 30, 2018 at  28,215.2 crore grew by 21.2% from  23,276.2 crore for the quarter ended September 30, 2017. Net revenues (net interest income plus other income) increased by 18.1% to  15,779.0 crore for the quarter ended September 30, 2018 from  13,358.0 crore in the corresponding quarter of the previous year. Net interest income (interest earned less interest expended) for the quarter ended September 30, 2018 grew by 20.6% to 11,763.4 crore, from  9,752.1 crore for the quarter ended September 30, 2017, driven by average asset growth of 22.9% and a net interest margin for the quarter of 4.3%.

Other income (non-interest revenue) for the quarter ended September 30, 2018 was  4,015.6 crore. Fees and commission income at  3,295.6 crore for the quarter ended September 30, 2018 constituted 82.1% of other income and grew by 26.1% over  2,614.0 crore in the corresponding quarter ended September 30, 2017. The other three components of other income for the quarter ended September 30, 2018 were foreign exchange & derivatives revenue of  419.8 crore (  384.0 crore for the corresponding quarter of the previous year), loss on revaluation / sale of investments of  32.8 crore (gain of  355.9 crore for the corresponding quarter of the previous year) and miscellaneous income, including recoveries, of  333.0 crore (  252.0 crore for the corresponding quarter of the previous year).

		NEWS RELEASE		HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013.

Operating expenses for the quarter ended September 30, 2018 were  6,299.1 crore, an increase of 13.7% over  5,540.1 crore during the corresponding quarter of the previous year. The cost-to-income ratio for the quarter was at 39.9% as against 41.5% for the corresponding quarter ended September 30, 2017.

Provisions and contingencies for the quarter ended September 30, 2018 were  1,820.0 crore (consisting of specific loan loss provisions  1,572.5 crore and general provisions and other provisions  247.5 crore) as against  1,476.2 crore (consisting of specific loan loss provisions  1,078.8 crore and general and other provisions  397.4 crore) for the quarter ended September 30, 2017.

Profit before tax (PBT) for the quarter ended September 30, 2018 was up 20.8% to  7,660.0 crore.

After providing  2,654.3 crore for taxation, the Bank earned a net profit of  5,005.7 crore, an increase of 20.6% over the quarter ended September 30, 2017.

Balance Sheet: As of September 30, 2018

Total balance sheet size as of September 30, 2018 was  11,69,898 crore as against  9,33,637 crore as of September 30, 2017.

Total deposits as of September 30, 2018 were  8,33,364 crore, an increase of 20.9% over September 30, 2017. CASA deposits grew at 18.3% with savings account deposits growing by 18.7% over the previous year to reach  2,34,568 crore and current account deposits growing by 17.7% over the previous year to reach  1,15,131 crore. Time deposits were at  4,83,665 crore, an increase of 22.8% over the previous year, resulting in CASA deposits comprising 42.0% of total deposits as of September 30, 2018. The focus on deposits has helped in maintenance of a healthy liquidity coverage ratio at 118%, much above the regulatory requirement.

		NEWS RELEASE		HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013.

Total advances as of September 30, 2018 were  7,50,838 crore. Domestic advances grew by 24.2% over September 30, 2017. As per regulatory [Basel 2] segment classification, domestic retail loans grew by 23.8% and domestic wholesale loans grew by 24.7% (as per internal business classification, the growth was 23.3% and 26.2% respectively). The domestic loan mix as per Basel 2 classification between retail:wholesale was 55:45. Overseas advances constituted 3% of total advances.

Half Year ended September 30, 2018

For the half year ended September 30, 2018, the Bank earned a total income of  54,582.2 crore as against  45,461.6 crore in the corresponding period of the previous year. Net revenues (net interest income plus other income) for the six months ended September 30, 2018 were  30,410.6 crore, as against  26,245.4 crore for the six months ended September 30, 2017. Net profit for the half year ended September 30, 2018 was  9,607.2 crore, up by 19.4% over the corresponding half year ended September 30, 2017.

Capital Adequacy:

The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 17.1% as on September 30, 2018 (15.1% as on September 30, 2017) as against a regulatory requirement of 11.025% which includes Capital Conservation Buffer of 1.875%, and an additional requirement of 0.15% on account of the Bank being identified as a Domestic Systemically Important Bank (D-SIB).

Tier 1 CAR was at 15.6% as of September 30, 2018 compared to 13.3% as of September 30, 2017. Common Equity Tier 1 Capital ratio was at 14.7% as of September 30, 2018. Risk-weighted Assets were at  8,86,489 crore (as against  7,38,465 crore as at September 30, 2017).

		NEWS RELEASE		HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013.

On July 17, 2018, the Bank made a preferential allotment of 3,90,96,817 equity shares to Housing Development Finance Corporation Limited at an issue price of  2,174.09 per equity share aggregating to  8,500 crore. On August 2, 2018, the Bank concluded a Qualified Institutions Placement (QIP) of 1,28,47,222 equity shares at a price of  2,160 per equity share aggregating to  2,775 crore and an American Depository Receipt (ADR) offering of 1,75,00,000 ADRs (representing 5,25,00,000 equity shares) at a price of USD 104 per ADR, aggregating to USD 1,820 million. Consequent to the above issuances, total equity (including share premium) increased by  23,590 crore, net of share issue expenses.

NETWORK

As of September 30, 2018, the Bank’s distribution network was at 4,825 banking outlets and 13,018 ATMs across 2,718 cities / towns as against 4,729 banking outlets and 12,259 ATMs across 2,669 cities / towns as of September 30, 2017. Of the total banking outlets, 53% are in semi-urban and rural areas. Number of employees were at 94,907 as of September 30, 2018 (as against 86,457 as of September 30, 2017).

ASSET QUALITY

Gross non-performing assets were at 1.33% of gross advances as on September 30, 2018, as against 1.33% as on June 30, 2018 and 1.26% as on September 30, 2017. Coverage ratio as on September 30, 2018 was 70%. Net non-performing assets were at 0.4% of net advances as on September 30, 2018. The Bank held floating provisions of  1,451 crore as on September 30, 2018. Total provisions (comprising specific provisions, general provisions and floating provisions) were 117% of the gross non-performing loans as on September 30, 2018.

Note:

 = Indian Rupees

1 crore = 10 million

All figures and ratios are in accordance with Indian GAAP.

		NEWS RELEASE		HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013.

BSE: 500180

NSE: HDFCBANK

NYSE: HDB

Certain statements are included in this release which contain words or phrases such as “will,” “aim,” “will likely result,” “believe,” “expect,” “will continue,” “anticipate,” “estimate,” “intend,” “plan,” “contemplate,” “seek to,” “future,” “objective,” “goal,” “project,” “should,” “will pursue” and similar expressions or variations of these expressions, that are “forward-looking statements.” Actual results may differ materially from those suggested by the forward-looking statements due to certain risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to implement our strategy successfully, the market acceptance of and demand for various banking services, future levels of our non-performing loans, our growth and expansion, the adequacy of our allowance for credit and investment losses, technological changes, volatility in investment income, our ability to market new products, cash flow projections, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to pay dividends, the impact of changes in banking regulations and other regulatory changes on us in India and other jurisdictions, our ability to roll over our short-term funding sources and our exposure to market and operational risks. By their nature, certain of the market risk disclosures are only estimates and could be materially different from what may actually occur in the future. As a result, actual future gains, losses or impact on net income could materially differ from those that have been estimated. In addition, other factors that could cause actual results to differ materially from those estimated by the forward-looking statements contained in this document include, but are not limited to: general economic and political conditions, instability or uncertainty in India and the other countries which have an impact on our business activities or investments caused by any factor, including terrorist attacks in India, the United States or elsewhere, anti-terrorist or other attacks by the United States, a United States-led coalition or any other country, tensions between India and Pakistan related to the Kashmir region or between India and China, military armament or social unrest in any part of India; the monetary and interest rate policies of the government of India, natural calamities, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices; the performance of the financial markets in India and globally, changes in Indian and foreign laws and regulations, including tax, accounting and banking regulations, changes in competition and the pricing environment in India, and regional or general changes in asset valuations.

For more information please log on to: www.hdfcbank.com

For media queries please contact:

Neeraj Jha

Head, Corporate Communication

HDFC Bank Ltd., Mumbai.

Tel: 91 - 22 - 6652 1308 (D) / 6652 1000 (B)

Fax: 91 - 22 - 2490 3168

Mobile: +91 93236 20828

neeraj.jha@hdfcbank.com

For investor queries please contact:

Bhavin Lakhpatwala

HDFC Bank Ltd., Mumbai.

Tel: 91 - 22 - 6652 1083 (D) / 6652 1000 (B)

Mobile: +91 74983 51730

bhavin.lakhpatwala@hdfcbank.com