HDFC Bank Ltd.

HDFC Bank has executed agreements on June 28, 2022 to subscribe to 8,05,520 fully paid up Equity Shares of face value of Rs. 10 each at a premium of Rs. 40 per Equity Share to be issued by Perfios Account Aggregation Services (PAASPL) for a consideration of Rs. 50 per Equity Share. Post investment, HDFC Bank will hold 9.54% of the Equity Share capital of PAASPL by way of acquisition of Equity Shares of face value of Rs. 10 each fully paid up.

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.