HDFC Bank Ltd.

HDFC Bank has received government’s approval to raise additional capital Rs 24,000 crore by selling equity to foreign investors to fund its business growth. With the raising of this capital, FDI in the bank will hit the regulatory ceiling of 74 percent. Presently, the FDI in the banks stands at 72.62 percent.

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.