HDFC Bank to raise Rs 50,000 cr via bonds; re-appoints Renu Karnad as director

HDFC Bank to raise Rs 50,000 cr via bonds; re-appoints Renu Karnad as director

HDFC Bank to raise Rs 50,000 cr via bonds; re-appoints Renu Karnad as directorApr 16, 2022, 09:48 PM IST

The funds will be raised in the period of next 12 months through private placement mode, subject to approval of shareholders among others.

Debt recovery via insolvency cases at 31 pc; 47 pc cases liquidated: ReportApr 15, 2022, 08:52 PM IST

Of the Rs 7.52 lakh crore claims made by the creditors on their borrowers, the lenders could realise only Rs 2.5 lakh crore, reflecting the pains of liquidation that lenders were forced to suffer, Icra Ratings said in its analysis.

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