New Delhi, Aug. 22 -- HDFC Bank has raised $1.75 billion through overseas bonds to fund its business growth. HDFC Bank, acting through GIFT City Branch, has completed the issue of $1.75 billion in senior unsecured bonds, the bank said in a regulatory filing. This is the largest-ever fundraising by an Indian bank since the global financial crisis, and the issue generated interest from investors across Asia, the US, and Europe. The private sector lender has raised $500 million with notes carrying a coupon rate of 5.16% and maturing in three years, while the remaining $1.25 billion five-year paper carries a coupon rate of 5.4%, it said. These papers will be listed on India INX (India International Exchange (IFSC) Ltd) and NSE International Exchange (NSE-IX), it added. Cumulatively, the bank has raised $2.5 billion in dollar bonds since June. HDFC Bank is now the leading lender collecting such funds since the RBI opened its FCNR window in June. The fundraise came a day after the Reserve Bank of India accorded approval to Life Insurance Corporation of India for acquiring up to a 9.99% stake in HDFC Bank. As per the latest available beneficial position as on August 14, 2026, LIC holds 4.11% of the total share capital of the bank. The approval has been granted with reference to the application made by LIC to the RBI, HDFC Bank had said in a filing....