INSUBCONTINENT EXCLUSIVE:
seeking to raise a total of Rs 15,500 crore to strengthen its capital base to support its growth and expansion plans for the next few
Simultaneously, the bank also plans to sell 1.9 crore American Depository Receipts (ADRs) to be sold to US investors in a first share sale
person involved in the deal
A few days ago the bank raised Rs 8,500 crore by issuing over 3.9 crore shares on a preferential basis to its parent, HDFC, in a first step
the bank could raise a total of Rs 3,750 crore including a base size of Rs 2,000 crore which means that as much as Rs 9,750 crore could be