HDFC Bank raises ₹3,000 crore from bonds

insidetrack IndiaSeptember 8, 2022

806 1 minute read

Private sector lender HDFC Bank on Thursday said it has mobilised ₹3,000 crore from bonds to fund business growth.The bank issued and allotted bonds to investors on a private placement basis on Thursday, HDFC Bank said in a regulatory filing.These unsecured, subordinated, fully paid-up, non-convertible, Basel III compliant perpetual debt would carry a coupon rate of 7.84 per cent, it added.

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insidetrack IndiaSeptember 8, 2022

806 1 minute read

insidetrack India

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