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HDFC Bank raises Rs 3000 crore through bonds

08 Sep 2022 Evaluate

HDFC Bank has raised Rs 3000 crore through Unsecured, Subordinated, Fully Paid-Up, Non-Convertible, Basel III Compliant Perpetual Debt Instruments in the nature of debentures for inclusion in Additional Tier I Capital and allotted 7.84%, 3000 bonds of face value Rs 1 crore 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 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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