December 19, 2017:
Shares of HDFC Bank will remain in focus, as its board will meet on Wednesday to consider fund-raising plans. Among the proposals are an issue of equity shares or depository receipts and other securities, including through qualified institutional placement. The board may also consider a preferential issue to Housing Development Finance Corp (the promoter). Shareholders of HDFC will closely monitor the quantum and the mode of fund-raising.
(This article was published on December 19, 2017)
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