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|View HDB Detailed Price Forecast - CNN Money||View HDB Detailed Summary - Google Finance|
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HDFC Bank's deputy managing director resigns
Posted on Friday August 10, 2018
(Reuters) - HDFC Bank on Friday said its Deputy Managing Director Paresh Sukthankar has resigned and will vacate his post in 90 days. The resignation comes after the bank said in June it was seeking shareholders' ...
Indian lender HDFC's U.S. share sale to raise about $1.81 billion
Posted on Tuesday July 31, 2018
HDFC's qualified institutions placement (QIP) of 12.8 million equity shares in India was also priced at Rs. 2,160 per equity share, which is expected to raise about Rs. 27.61 billion, the bank said in a filing. Proceeds from the ADSs offering and the QIP are expected to be used to strengthen the bank's capital structure and to support growth and expansion, the bank said.
HDFC Bank launches up to $2.26 billion share sales in U.S. and India
Posted on Monday July 30, 2018
NEW DELHI/BENGALURU (Reuters) - HDFC Bank Ltd launched separate share sales on Monday in the United States and its home Indian market in a bid to raise as much as 155 billion rupees ($2.26 billion). The Indian lender, which is also listed in New York, is offering up to 19 million American Depositary Shares, representing 57 million equity shares, according to a filing. HDFC, the Indian bank with the highest market capitalisation, also opened a share sale in India, which according to a deal term sheet has a base size of 20 billion rupees with an option to upsize to up to 37.5 billion rupees.
HDFC Bank launches up to $2.26 bln share sales in U.S. and India
Posted on Monday July 30, 2018
HDFC Bank Ltd launched separate share sales on Monday in the United States and its home Indian market in a bid to raise as much as 155 billion rupees . The Indian lender, which is also listed in New York, ...