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HDFC Bank has raised Rs 6,700 crore through issuing bonds through private placement.
HDFC Bank has said in a regulatory filing that “The bank has issued and allotted on September 21, 2016 on a private placement basis, senior, unsecured, redeemable, long term, non-convertible bonds in the nature of debentures amounting to Rs 6,700 crore.”
It has said that a total of 67,000 bonds were issued with face value of Rs 10 lakh each.
