For merger, HDFC Bank to raise ₹2.7 trillion | Mint - Mint

7/31/2022 12:00:00 AM2 years 9 months ago
by Anirudh Laskar
by Anirudh Laskar
Lender to raise ₹2.2 tn from deposits, bonds and rest from similar papers.HDFC Bank has asked RBI to relax priority sector lending norms and grandfathering certain assets and liabilities
MUMBAI : HDFC Bank Ltd is likely to raise at least 2.2 trillion from public deposits and corporate bonds, and an additional 50,000 crore from similar papers to meet capital requirements and other pre… [+5423 chars]
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