HDFC Bank to hit dollar bond market under new subsidised scheme: Sources (opens original article in a new tab)

HDFC Bank is set to raise at least $500 million through dollar bonds using a subsidized hedging window, with proceeds intended for foreign operations and corporate needs.

• HDFC Bank plans to raise at least $500 million via dollar bonds this week
• The bank will use the central bank's subsidized hedging window for overseas borrowings
• Proceeds will fund foreign branches, subsidiaries, and general corporate purposes