HDFC Bank to raise ₹13,000 crore survival capital via share sales, Know why
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HDFC Bank has planned to raise around ₹13,000 crore via the issuance of ADR's. The banks are lined up to assure the capital. Big banks like HDFC do not go through a capital issue as they always have a surplus capital. Leading global investors wait for such opportunities where top companies like HDFC when they come out at the market and plan on raising their capital. This is a major move by the top company to keep their balance sheets afloat. ET Now's Nikunj Dalmia explains the reasons behind the fundraising and its impact. Listen to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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