India's HDFC Bank appoints arrangers for $2.38b share sale

India's HDFC Bank appoints arrangers for $2.38b share sale

Photo: Vivek Prakash/ Bloomberg

India’s HDFC Bank Ltd., the world’s most-expensive lender, has appointed arrangers including Bank of America Corp, Morgan Stanley and Credit Suisse Group AG for a 155 billion rupee ($2.38 billion) planned share sale, people with knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter