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HDFC is Listed in US! | #LLAShorts 1580
Why is HDFC Bank listed in the US? HDFC Bank is one of those Indian companies that can be bought by investors in the US through the New York Stock Exchange. But what trades there under the ticker HDB is not the normal Indian share. It is an ADR, which stands for American Depositary Receipt. Think of an ADR like a receipt issued in the US ...
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