April 13, 2018 02:56 pm | Updated 02:56 pm IST - Chennai
File photo: A bird flies past a window of a HDFC Bank branch office in Mumbai, India, October 21, 2015.
HDFC Bank is planning to raise Rs.50,000 crore though various debt instruments.
In a stock exchange announcement, the bank said that it planned to raise funds by issuing perpetual debt instruments (part of additional Tier- I capital), Tier-II capital bonds and long-term bonds (financing of infrastructure and affordable housing) over the next twelve months through private placement mode.
The board of directors would consider this proposal at its ensuing meeting to be held on April 21, it said.
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