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HDFC Bank raises Rs 565 crore through bond issue

31 Oct 2012 Evaluate

HDFC Bank has raised Rs 565 crore by issuing, on a private placement basis, unsecured, redeemable, non-convertible, subordinated bonds in the nature of debentures towards Lower Tier - II Capital.

Recently, Credit rating agency, CARE assigned AAA rating to proposed lower tier II bonds of HDFC Bank worth Rs 5,000 crore.

The bank posted a rise of 30.07% in its net profit at Rs 1559.98 crore for the quarter ended September 30, 2012 as compared to Rs 1199.35 crore for the same quarter in the previous year. Total income increased by 24.47% at Rs 9869.77 crore for quarter under review as compared to Rs 7929.38 crore for the quarter ended September 30, 2011.

HDFC Bank Share Price

799.90 4.40 (0.55%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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