HDFC Bank Ltd.

HDFC Bank has reportedly received Foreign Investment Promotion Board’s (FIPB) approval to expand its equity base by up to Rs 10,000 crore. HDFC Bank sought fresh FIPB clearance for expanding equity. It already has shareholders' nod to raise up to Rs 10,000 crore by July.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 28.9 million customers.