YOU ARE HERE >  Moneycontrol Markets > Announcements Banks - Private SectorAnnouncement - HDFC Bank
HDFC Bank
BSE: 500180NSE: HDFCBANKISIN: INE040A01034

17th-Apr-2021 20:39Source: BSE

HDFC Bank - Announcement under Regulation 30 (LODR)-Raising of Funds

Outcome of Board Meeting held on April 17, 2021

We wish to inform you that the Board of Directors of the Bank, at its meeting held today, has granted an enabling approval to the Bank for issuance of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds (financing of infrastructure and affordable housing) up to a total amount of ? 50,000 crores in the period of next twelve months through private placement mode, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Bank and any other regulatory approvals as may be applicable.

This is for your information and records.

Sections