HDFC Bank Raises $1.75 Billion in Record Overseas Debt Sale

HDFC Bank has successfully raised $1.75 billion through senior notes, marking the largest overseas fundraise by an Indian lender since the 2008 financial crisis.

Moody’s has assigned a Baa3 rating to the issuance, reflecting strong investor confidence despite global market volatility and rising interest rates.

The capital infusion is intended to bolster the bank's balance sheet, with other private lenders expected to follow suit before the RBI swap window deadline.