HDFC Bank raises USD 1.75 bn via overseas bond issue

HDFC Bank has successfully raised USD 1.75 billion through overseas bonds. This significant fundraising effort supports the bank’s ongoing business growth initiatives. The issuance attracted substantial investor interest from across Asia, the US, and Europe. These bonds will be listed on India INX and NSE International Exchange. This fundraise follows recent RBI approval for LIC to increase its stake.

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