HDFC Bank, India’s largest private sector lender, has applied for a banking license in Singapore, awaiting approval from the Monetary Authority of Singapore. The move signals the bank’s overseas ambitions, aiming to tap into the Indian diaspora for savings and cross-sell various products. The bank’s focus on international expansion follows its merger with Housing Development Finance Corp. HDFC Bank, with a customer base of 93 million, is looking to deepen its global presence. Singapore, with a significant Indian diaspora, serves as a strategic location for the bank’s overseas operations.