ALSO READHDFC Bank fourth-quarter net profit beats estimates, bad loans stable HDFC Bank fourth-quarter profit rises 18 percent, bad loans stable HDFC Bank third-quarter profit up 15 percent, beats estimates HDFC Bank to cut lending rates by 75-90 bps - source Sensex slides over 4% in four sessions
At meeting held on 21 April 2017The Board of Directors of HDFC Bank have approved the issue of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Senior Long Term Infrastructure Bonds up to a total amount of Rs. 50,000 crore in the period of next twelve months through private placement mode, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Bank and any other regulatory approvals as applicable.
Further, subject to the approval of the Reserve Bank of India and the shareholders at the ensuing Annual General Meeting of the Bank, the Board of Directors have approved the re-appointment of Shyamala Gopinath as Part Time Non-Executive Chairperson of the Bank, for the period from 2 January 2018 till 19 June 2019, i.e. on her completing 70 years of age, or till such other date as the RBI may approve.
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