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HDFC Bank raises Rs 8,500 crore by issuing equity to parent HDFC

Updated : July 18, 2018 12:50 AM IST

This is part of the bank's Rs 24,000 crore fund raising plan that was approved by the board of directors in December.
As on June 30, 2018, the promoter firm HDFC Ltd held 20.86 percent of the bank's equity capital.
HDFC Bank raises Rs 8,500 crore by issuing equity to parent HDFC
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