HDFC Bank to raise up to Rs 5,000 cr via infra bonds

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MUMBAI: The country’s most valued lender HDFC Bank is raising up to Rs 5,000 crore by selling infrastructure bonds in the local market, a move that reflects a revival in loan demand. Those bonds are likely to offer 6.45-6.55 percent with seven-year maturity, three people familiar with the matter told ET. The bank is in … Read more