HDFC Bank shares gain over 3%

Shares of HDFC Bank rose by over 3 percent Thursday after the Cabinet Committee on Economic Affairs cleared a proposal of the company to raise Rs 10,000 crore from foreign investors.

FIPB to take up HDFC Bank's proposal to up foreign stake on Dec 30

The Foreign Investment Promotion Board (FIPB) will consider on December 30 a proposal by HDFC Bank for raising foreign investment holding limit beyond the existing 49 percent in the bank.