Bank issues senior unsecured bonds through its GIFT City branch to strengthen funding and support business growth
New Delhi (Economy India): Private sector lender HDFC Bank has raised USD 1.75 billion through the issuance of foreign bonds to support its business expansion and funding requirements.
In a regulatory filing with the stock exchanges, the bank said its GIFT City branch had issued senior unsecured bonds worth USD 1.75 billion.
Bonds Issued Through GIFT City Branch
HDFC Bank said the fundraising was completed through its GIFT City branch. The issuance provides the bank with access to international capital markets and helps diversify its funding sources.
The funds are expected to support the bank’s broader business requirements and expansion plans.
Focus on Business Growth
Indian banks have increasingly been accessing domestic and international capital markets to strengthen their funding base amid growing credit demand.
The USD 1.75 billion fundraising provides HDFC Bank with additional financial resources and could strengthen its ability to support future business growth.
Senior unsecured bonds are debt securities that are not backed by specific collateral. Investors rely primarily on the issuer’s creditworthiness and ability to meet its repayment obligations.
| Particular | Details |
|---|---|
| Bank | HDFC Bank |
| Amount Raised | USD 1.75 billion |
| Instrument | Senior Unsecured Bonds |
| Issuing Branch | HDFC Bank GIFT City Branch |
| Purpose | Business expansion and funding requirements |
| Market | International/Foreign Bond Market |
| Date | August 21, 2026 |
GIFT City Strengthens Role as International Financial Hub
The bond issuance through HDFC Bank’s GIFT City branch also highlights the growing role of GIFT City in India’s international financial ecosystem.
GIFT City enables Indian and international financial institutions to access global capital markets and undertake international financial transactions from India’s dedicated financial centre.
(Economy India)
