HDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedging facility for overseas borrowings. The deal marks the largest by an Indian lender since May 2023. Other banks are also planning similar overseas debt sales. Proceeds will support international operations and growth.
HDFC Bank successfully raised $750 million through dollar bonds, marking the largest offshore deal by an Indian lender since May 2023. The bank capitalized on the Reserve Bank of India's subsidized hedging facility for this overseas borrowing. Proceeds from this significant deal…
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