HDFC Bank Ltd.

HDFC Bank has received an approval from the Foreign Investment Promotion Board (FIPB) allowing the bank to maintain the permissible foreign holding up to 74% of it’s paid up share capital.

The bank has received approval to issue further equity shares aggregating to an amount up to Rs 10,000 crore to NRIs / FIIs/ FPIs not exceeding 74% of the post issue paid up capital of the bank, subject to complying with the conditions stipulated.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 28.9 million customers. The bank offers all services under one roof right from savings account, current account, demat account, auto loans and agriculture loans.