by Team Small News | Mar 30, 2025 | Au Small Finance Bank, Banking, HDFC Bank
AU Small Finance Bank (AU SFB) has successfully raised ₹770 crore through the issuance of Tier-II bonds at a 9.20% coupon rate, led by HDFC Bank and Nippon India Mutual Fund. This is one of the largest Tier-II bond issuances by a small finance bank in India. The...
by Team Small News | Mar 29, 2025 | Au Small Finance Bank, Banking, HDFC Bank
AU Small Finance Bank (AU SFB), India’s largest small finance bank, has successfully completed a capital raise of ₹770 crores through the issuance of Tier-II bonds at a coupon of 9.20%. This fund raise is expected to increase the capital adequacy ratio of the...
by Team Small News | Mar 29, 2025 | Au Small Finance Bank, Banking, HDFC Bank
AU Small Finance Bank has successfully raised Rs 770 crore by issuing tier-II bonds at a coupon of 9.20% per annum. The bond issue was subscribed by a range of investors, including HDFC Bank, Nippon India Mutual Fund, and other insurance companies and pension funds.... by Team Small News | Mar 28, 2025 | Banking, HDFC Bank, RBI
Tata Neu and HDFC Bank’s co-branded credit card has achieved a significant milestone, surpassing 2 million issuances and accounting for over 13% of new credit cards issued in the third quarter of FY25, according to RBI data. The card’s popularity can be... by Team Small News | Mar 26, 2025 | Banking, Central Bank of India, HDFC Bank, RBI
The Reserve Bank of India (RBI) has imposed penalties on several banks, including HDFC Bank, Punjab and Sind Bank, for non-compliance with Know Your Customer (KYC) norms. HDFC Bank has been slapped a penalty of Rs 75 lakh by the RBI, while Punjab and Sind Bank has...
by Team Small News | Mar 25, 2025 | Banking, HDFC Bank
HDFC Bank’s CSR initiative, Parivartan, is marking World Water Day with a digital campaign #WaterWonders, highlighting the importance of water conservation and innovative measures to address water scarcity. The bank is committed to improving water conservation...