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HDFC Bank raises Rs 23 billion through issuance of rupee-denominated bonds

The issue carries a fixed coupon rate of 8.10% per annum with maturity on March 22, 2025

hdfc bank

Press Trust of India New Delhi

HDFC Bank on Thursday said it has raised Rs 23 billion by the issuance of rupee-denominated bonds which would mature in March 2025.

"We are pleased to inform you that HDFC Bank has completed the issue of Rs 23 billion, Rupee Denominated Bonds (RDB)," the bank said in a BSE filing today.

According to statement, the issue carries a fixed coupon rate of 8.10 per cent per annum with maturity on March 22, 2025.

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First Published: Mar 15 2018 | 11:27 PM IST

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