HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
932.65
5.80 (0.63%)
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HDFC Bank subscribes 5.55% equity shares in IBBIC

Date: 27-07-2021

HDFC Bank has subscribed to 50,000 Equity Shares of the face value of Rs 10 each fully paid up of IBBIC (IBBIC) for a consideration of Rs 10 per equity share constituting 5.55% of the issued and paid-up capital of IBBIC. Equity ownership of IBBIC is aimed at providing DLT solutions for the financial services sector. 

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.