HDFC Bank Ltd.

HDFC Bank has received shareholders’ approval for raising up to Rs 50,000 crore through issuance of unsecured perpetual debt instruments (part of additional tier I capital), tier II capital bonds and long term bonds (financing of infrastructure and affordable housing) on a private placement basis of an amount in aggregate not exceeding Rs 50,000 crore to enhance capital base to fund its business growth. The decision to this effect was taken in the Annual General Meeting concluded on July 18, 2020.

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.