HDFC Bank raises $1.8 billion via dollar bonds

HDFC Bank raises $1.8 billion via dollar bonds. This is the largest dollar bond issuance by an Indian bank to date, raising $1.8 billion in overseas funds. The move strengthens its capital base amid rising credit demand. The bonds carry a coupon rate of 6.95% and mature in 10 years.

📊 STOCKS: $HDFCBANK | 🏢 SECTOR: Banking | #HIGHIMPACT #DollarBonds