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HDFC raises $750-m ECB, first under RBI's special swap plan
HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external borrowings. This move aims to attract foreign currency, with other major banks and public sector units expected to follow suit. The bond issuance saw strong investor demand, particularly from Asia.
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economictimes.indiatimes.com
HDFC Bank to hit dollar bond market under new subsidised scheme: Sources
HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five-year bond issue, with initial guidance…
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thehindubusinessline.com
HDFC Bank to hit dollar bond market under new subsidised scheme
Bank may raise over $500 million through a five-year dollar bond amid strong investor demand.
