On July 22nd, Cogobuy cited anonymous sources saying that HDB Financial Services Ltd., a subsidiary of HDFC Bank Ltd., the largest private sector bank in india, is planning to borrow up to $0.3 billion due to the tightening of domestic lending channels by the Reserve Bank of India. The sources said that HDB Financial Services Ltd. is negotiating with some global and local banks to finalize the terms. It is reported that after the Reserve Bank of India restricted the domestic financing sources of non-bank financial companies in india, they have increasingly borrowed from the global credit market.
印度HDFC银行子公司寻求高达3亿美元的离岸贷款
HDFC Bank subsidiary in India seeks offshore loans of up to $0.3 billion.
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