New Delhi, Sep 8 (PTI) Private sector lender HDFC Bank on Thursday said it has mobilised Rs 3,000 crore from bonds to fund business growth.
The bank issued and allotted bonds to investors on a private placement basis on Thursday, HDFC Bank said in a regulatory filing.
Also Read | Asha Bhosle Birthday: 5 Indie-pop Songs Of The Singer That Have A Permanent Place In Our Nostalgia Playlist.
These unsecured, subordinated, fully paid-up, non-convertible, Basel III compliant perpetual debt would carry a coupon rate of 7.84 per cent, it added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













Quickly


