HDFC to issue NCDs worth Rs 2,000 crore

HDFC to issue NCDs worth Rs 2,000 crore

The minimum subscription for the issue will be hundred debentures worth Rs 1 lakh each.

FPJ Web DeskUpdated: Wednesday, April 19, 2023, 09:55 PM IST
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Image: HDFC Limited (Representative)

According to a regulatory filing, the Housing Development and Finance Corporation will be issuing Non Convertible Debentures worth Rs 2,000 crore.

The minimum subscription for the issue will be hundred debentures worth Rs 1 lakh per unit, and the coupon rate is yet to be decided.