HDFC Bank proposes to raise Rs 50000 crore in next 12 months

Capital Market 

Board to decide on 21 April 2017

proposes to raise funds by issuing 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.

The Board of Directors of the would consider this proposal at its ensuing Board meeting to be held on 21 April 2017.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

HDFC Bank proposes to raise Rs 50000 crore in next 12 months

Board to decide on 21 April 2017

Board to decide on 21 April 2017

proposes to raise funds by issuing 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.

The Board of Directors of the would consider this proposal at its ensuing Board meeting to be held on 21 April 2017.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22