HDFC Bank has executed an agreement for subscribing to 4,995 equity shares of the face value of Rs 10 each fully paid up issued by Ferbine for a consideration of Rs 10 per equity share. Post investment, Bank will hold 9.99% of the equity shareholding of Ferbine, by way of subscription to 4,995 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.
