HDFC Bank raises $750 million via bonds

BL Mumbai Bureau Updated - February 24, 2023 at 10:35 AM.

HDFC Bank Limited acting through GIFT City IFSC Banking Unit has completed the issue of $750 million senior unsecured bonds.

The coupon/interest offered on the three-year bonds is 5.686 per cent, per a regulatory filing by India’s largest private sector bank. The proceeds will be used for banking activities.

The Notes will be listed on the India International Exchange (IFSC) Limited.

Published on February 24, 2023 05:04

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