Our Bureau

Mumbai, Sept. 8

HDFC Bank Ltd sold Rs 200 crore bonds on private placement basis through unsecured non-convertible subordinated perpetual bonds in the nature of debentures to augment its Tier-I capital, said a BSE announcement. The coupon rate for the issue will be 9.92 per cent. There will be a step-up of 1 per cent, said a senior HDFC Bank official.

(This article was published in the Business Line print edition dated September 9, 2006)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.