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Home News HDFC Bank to raise Rs 50,000 cr in next 12 months

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HDFC Bank to raise Rs 50,000 cr in next 12 months

HDFC Bank to raise Rs 50,000 cr in next 12 months

Monday, April 10, 2017, 10:17 PM

Private sector lender HDFC Bank said it will raise Rs 50,000 crore within a year by issuing debt instruments. The Bank proposes to raise funds by issuing perpetual debt instruments (part of additional tier i capital), tier II capital bonds and senior long term infrastructure bonds up to a total amount of Rs 50,000 crore, the bank said in a regulatory filing.
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