Red-hot demand for $1.6bn HDFC shares

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Red-hot demand for $1.6bn HDFC shares

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HDFC Bank was set to price a blockbuster Rp100bn ($1.6bn) trade on the evening of February 5, with bankers expecting investors to fork out money at the tightest possible discount for the second Indian ECM transaction of more than $1bn to hit the market in the past week.

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