Bengaluru, July 16 -- The shares of India's largest private sector bank by assets rose ahead of a key board meeting scheduled for Saturday, July 19, where the lender will consider its first-ever bonus share issue and a special dividend.

With a market capitalisation of Rs 15,39,372 Crores, the share price of HDFC Bank Limited jumped over 1% on Wednesday to hit an intraday high of Rs 2021.90 per share from the previous day's closing price of Rs 1995.30 per share.

What's the News HDFC Bank, India's largest private sector lender, will consider its first-ever bonus share issue and a special dividend at its upcoming board meeting on Saturday, July 19.

If approved, this would mark the first bonus share issue in the bank's history. So far, th...