HDFC Bank lists Rs 739 Crore Masala AT1 bonds in GIFT IFSC
Commenting on the listing, Tapan Ray, MD & Group CEO, GIFT City said “We are moving closer to our aim in GIFT IFSC being the Global Finance hub and the destination of choice for Indian issuers for raising foreign capital and listing the same in our very own IFSC Exchanges. We welcome HDFC Bank’s first AT1 masala bond issuance exclusively listed on both IFSC Exchanges.”
In a first, HDFC Bank, India’s leading Private Bank, listed their Rs 739 Crore Masala AT1 bonds exclusively in GIFT IFSC on Friday. Reuters pic.