VERIFIEDMint Companies·20 Aug 2026neutral

HDFC Bank raises $1.75 billion as FCNR(B) window nears closure

AI Summary

·HDFC Bank has raised $500 million through three-year notes.
·The bank also raised $1.25 billion through five-year bonds.
·This fundraising is part of banks increasing their foreign-currency fundraising efforts as the FCNR(B) window nears its closure.