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HDFC Bank raises Rs 6,000 crore via allotment of debentures

29 Dec 2018 Evaluate

HDFC Bank has raised Rs 6,000 crore through allotment on a private placement basis 8.44% Unsecured, Redeemable Long Term, Fully Paid-up, Non-Convertible Bonds in the nature of Debentures with 60,000 Bonds of 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 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 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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