HDFC Bank Ltd.

HDFC Bank has raised Rs 5,000 crore by issuing and allotting 6.44 per cent (coupon rate) unsecured redeemable long term fully paid up non-convertible bonds in the nature of debentures (NCDs) on a private placement basis. A total of 50,000 bonds have been issued with face value of Rs 10 lakh each. 

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.