HDFC Bank to raise ₹50,000 crore via private placement of bonds

HDFC Bank said on Wednesday that it will raise up to ₹50,000 crore through private placement of debt instruments over the next 12 months. The proposal will be considered at the bank's board meeting on April 17, it said. Recently, RBI Governor Shaktikanta Das said that banks should ensure credit flow in a meeting with bankers.