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HDFC Bank raises Rs 15000 crore through bonds
Dec-05-2022

HDFC Bank has raised Rs 15000 crore through allotment of 15000 Unsecured, Subordinated, Fully Paid-Up, Non-Convertible, Basel III Compliant Tier 2 Bonds face value Rs 1,00,00,000 each on a private placement basis. The bank has raised fund for augmenting Tier 2 Capital and overall capital of the Bank for strengthening its capital adequacy and for enhancing its long-term resources.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

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