HDFC to Raise Rs 8,000 Crore via Private Placement Bonds for Mortgage Lending Expansion
HDFC, one of India’s leading mortgage lenders, has announced plans to raise a substantial amount of capital through bonds issued on a private placement basis. The company aims to secure up to Rs 8,000 crore through this fundraising initiative. The primary instrument for this capital mobilization will be unsecured redeemable non-convertible debentures (NCDs). The initial […]