CNBC-TV18 Exclusive | HDFC Bank Raises $1.75 Bn, Record Overseas Debt Raise Since 2008 Crisis
Group Head-Treasury, Arup Rakshit to CNBC-TV18
– Raised $2.5 billion on strong demand; Premature to call this our final fundraise
– Funds will be balanced between FCNR(B) requirements and general lending
#hdfcbank #fundraise #overseasbonds #giftycity #offshorebonds #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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Raising debts will reflect on BOOK VALUE ……. Geo political situation….Foreign investment in Banks will definitely intensify competition….High attrition rate……Corruption at Branch level in real estate loans …..Decrease in CASA ……HDFC BANK should be bought only at BOOK VALUE