MoneyWorks4Me

HDFC Bank raises Rs 6,700 on private placement basis

22 Sep 2016 Evaluate

HDFC Bank has issued on private placement basis, Senior, Unsecured, Redeemable, Long Term, Non-Convertible Bonds in the nature of Debentures amounting to Rs 6700 crore and face value Rs 10,00,000/- each.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 32 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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