Wholesale Banking Solutions

HDFC Bank’s Wholesale Banking services offer comprehensive solutions tailored for corporates, midsize companies, and institutional clients. These financial services include project appraisal, structured finance, M&A and Corporate Advisory Services, Trusts Custodial and Depository Services, and SGL Maintenance. The Bank ensures secure, round-the-clock access to banking information through its CBX Internet Banking service, designed for flexibility and ease of use across various devices.

Benefits of Wholesale Banking include tailored financial solutions, access to specialised services like treasury management and capital markets, lower transaction costs, and dedicated relationship management for large corporate and institutional clients.

To apply for HDFC Bank’s Wholesale Banking services, visit our official website and navigate to the Wholesale Banking section. There, you will find detailed information on the services offered and the application process.

Fixed to Floating: Customer receives cash flows at a fixed rate of interest and simultaneously pays cash flows at a floating rate of interest or vice versa. The cash flows are calculated on a Notional Principal amount. The floating rate of interest is usually determined by reference to a transparent benchmark.

Floating to Floating: Both the counter-parties exchange interest amounts based on two different floating reference rates, through the life of the swap.

Trade date is the date the counterparties agree on the swap conditions. Effective date is the date that the swap becomes effective, i.e. when the interest obligations start to accrue.

Maturity date is the date the swap stops accruing interest and terminates.

Market quotations for swaps are usually quoted against standard benchmark/index rates and non-amortising national principal, free from the margin actually payable in the cash market by the relevant counterparties. The rate is thus quoted flat and any amortising structure that envisages a customised rate is adjusted accordingly.

In the case of Rupee IRS banks, primary dealers and financial institutions are allowed to enter into swaps for the purposes of hedging their exposure as well as for market making. Other corporate customers are allowed to enter into Rupee IRS ONLY for the purposes of hedging the interest rate risk on an underlying asset/liability.

In the case of non-Rupee IRS all participants are allowed to enter into these transactions only for the purposes of hedging an underlying exposure.