Haven't 'zeroed down' on any particular method to raise funds, says HDFC’s Keki Mistry

When asked whether the bond is due in 2018, Mistry said, “A part of it may happen in 2018 and a part of it may happen in 2019; when I say 2018-2019, I mean calendar year.”

Talking about the cost difference between a dollar bond issuance and a masala bond, he said, “These are things which have to be evaluated. My sense is that dollar bond would be cheaper even when fully swapped into rupees, but it depends on how we swap the money whether we do a floating rate hedge or fixed rate hedge.”