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HDFC Bank raises Rs 8000 crore Tier I Capital

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Capital Market

On 12 May 2017

HDFC Bank has issued and allotted on 12 May 2017 on private placement basis 8.85% Unsecured, Subordinated, Fully Paid-Up, Non-Convertible, Basel III compliant, Perpetual Debt Instruments in the nature of debentures for inclusion in Additional Tier I Capital amounting to Rs.8000 crore (80000 Bonds of face value Rs.10,00,000/- each).

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First Published: May 13 2017 | 11:15 AM IST

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