
HDFC Bank has received a BBB rating from S&P and Baa3 from Moody’s for its proposed issuance of $1.75 billion in senior notes.
The funds will be raised through the bank's GIFT City branch, marking a significant step in its international capital raising strategy for the 2026 fiscal year.
The ratings reflect the bank's stable outlook and strong market position, providing investors with confidence in the bank's ability to manage its debt obligations.