MoneyWorks4Me

HDFC Bank launches share sale worth $2.26 billion in US, India: Report

31 Jul 2018 Evaluate

HDFC Bank has reportedly launched separate share sales in the United States and its home Indian market in a bid to raise as much as $2.26 billion (Rs 15,500 crore). The bank is offering up to 19 million American Depositary Shares, representing 57 million equity shares.

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.

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
View more..