HDFC to accumulate up to Rs 10,000 crore next week
Thu, Nov 25, 2021 10:20 PM

HDFC to accumulate up to Rs 10,000 crore next week

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Housing Development Finance Corporation (HDFC) Ltd plans to raise Rs 10,000 crore by issuing bonds on a private placement basis to expand its long-term capital, the company stated on Thursday. It will issue secured redeemable non-convertible debentures (NCDs) on a private placement basis with an issue size of Rs 2,000 crore and the option to retain over-subscription of up to Rs 8,000 crore.

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