Proposal of the HDFC Bank Limited for (i) maintaining the permissible foreign holding in the bank up to 74% of the total paid up capital and (ii) issuance of equity shares aggregating to an amount of 10,000 crore to NRIs/FIIs/FPIs subject to aggregate foreign shareholding not exceeding 74 percent of the post issue paid up capital

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..... Proposal of the HDFC Bank Limited for (i) maintaining the permissible foreign holding in the bank up to 74% of the total paid up capital and (ii) issuance of equity shares aggregating to an amount of .....

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..... 10,000 crore to NRIs/FIIs/FPIs subject to aggregate foreign shareholding not exceeding 74 percent of the post issue paid up capital
News and Press Release
Dated:- 29-1-2015

The Cabinet C .....

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..... ommittee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, gave its approval to the proposal of HDFC Bank Limited for maintaining the permissible foreign holding in the bank up to .....

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..... 74% of the total paid up capital and issuance of equity shares aggregating to an amount of ₹ 10,000 crore to NRIs/FIIs/FPIs subject to aggregate foreign shareholding not exceeding 74 percent of .....

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..... the post issue paid up capital. The approval would result in foreign investment of ₹ 10,000 crore (approximately) in the country.
News - Press release - PIB .....

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