India's largest private lender, HDFC Bank, has accepted bids worth $750 million for its planned dollar bonds, capitalising on the central bank's subsidised hedging window for overseas borrowings, three merchant bankers said on Wednesday.
The deal is the largest by an Indian lender since the State Bank of India's $750 million five-year bond sale in May 2023 and comes as SBI and Bank of Baroda line up similar overseas debt sales.
