HDFC Bank has subscribed to 50,000 Equity Shares of the face value of Rs 10 each fully paid up of IBBIC (IBBIC) for a consideration of Rs 10 per equity share constituting 5.55% of the issued and paid-up capital of IBBIC. Equity ownership of IBBIC is aimed at providing DLT solutions for the financial services sector.
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.
