India’s largest private lender HDFC Bank Ltd. plans to sell as much as 100 billion rupees ($1.2 billion) of loan portfolios using a rare debt instrument, as it seeks to cut exposure to certain sectors amid challenges in raising deposits, according to people familiar with the matter.
Saikat Das is a Sports Correspondent for Bloomberg News, Insurance Journal, and Yahoo Finance. With a focus on financial markets and investment banking, Saikat covers a wide range of topics related to the sports industry, including mergers and acquisitions, bond sales, loans, and investment opportunities. His work has been featured in various publications, including Yahoo Finance Australia and Instituto STACK.