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HDFC Bank raises Rs 2,975 crore through debentures

16 Dec 2015 Evaluate

HDFC Bank has issued and allotted on a private placement basis Senior, Unsecured, Redeemable, Long Term, Non-Convertible Bonds in the nature of debentures amounting to Rs 2,975  crore (29,750 Bonds of face value Rs 10,00,000 each).

The bank has posted a rise of 20.49% in its net profit at Rs 2869.45 crore for the quarter ended September 30, 2015 as compared to Rs 2381.46 crore for the same quarter in the previous year. Total income has increased by 24.68% at Rs 17324.28 crore for quarter under review as compared to Rs 13894.73 crore for the quarter ended September 30, 2014.



Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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