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HDFC Bank has said that it has issued unsecured Basel III compliant, Perpetual Debt Instruments in the nature of debentures for inclusion in Additional Tier I Capital amounting to Rs.8000 Crore. “The bank has allotted on May 12, 2017, on a private placement basis 8.85% Unsecured, Subordinated, Fully Paid-Up, Non-Convertible, Basel III compliant, Perpetual Debt Instruments in the nature of debentures for inclusion in Additional Tier I Capital amounting to Rs.8000 Crore (80000 Bonds of face value Rs.10,00,000/- each),” the Bank said in a filing to the Bombay Stock Exchange.
HDFC Bank has said that it has issued unsecured Basel III compliant, Perpetual Debt Instruments in the nature of debentures for inclusion in Additional Tier I Capital amounting to Rs.8000 Crore. “The bank has allotted on May 12, 2017, on a private placement basis 8.85% Unsecured, Subordinated, Fully Paid-Up, Non-Convertible, Basel III compliant, Perpetual Debt Instruments in the nature of debentures for inclusion in Additional Tier I Capital amounting to Rs.8000 Crore (80000 Bonds of face value Rs.10,00,000/- each),” the Bank said in a filing to the Bombay Stock Exchange.
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