HDFC Bank has raised Rs 5000 crore through allotment of 5000, 7.84% Unsecured, Subordinated, Fully Paid-Up, Non-Convertible, Basel III Compliant Tier 2 Bonds having face value of Rs 100,00,000 each in the nature of debentures for augmenting Tier 2 capital and overall capital of the Bank, for strengthening its capital adequacy and for enhancing its long-term resources.
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.
