HDFC Bank Initiates Modifications to $1.2 Billion Bahrain Bonds

New Delhi: Private sector HDFC Bank today said it is in the process of carrying out modifications to the structure of all the issuances amounting to about $1.2 billion done from Bahrain following lowering of the sovereign rating of the gulf nation.  "The bank is in the process of carrying out modifications to the structure of all the issuances done from Bahrain in order to ensure that the bonds issued by HDFC Bank are insulated from...