Board of HDFC Bank to consider fund raising up to Rs 50,000 cr

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Capital Market
Last Updated : Apr 06 2022 | 6:17 PM IST

On 16 April 2022

The Board of HDFC Bank will meet on 16 April 2022 to consider the proposal to raise funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds (Financing of Infrastructure and Affordable Housing) up to total amount of Rs. 50,000 crore over the period of next twelve months through private placement mode.

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First Published: Apr 06 2022 | 5:06 PM IST

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