HDB Financial Services raises ₹3,000 crore through NCDs
after close1 source ↓written by the desknot a recommendation
- by allotting
- ₹3,000 crore
- to institutional investors
- 30,000 Non-Convertible Debentures (NCDs)
HDB Financial Services has successfully raised ₹3,000 crore by allotting 30,000 Non-Convertible Debentures (NCDs) to institutional investors. These debt instruments will be listed on the BSE Wholesale Debt Market, enhancing the company's liquidity and supporting its credit expansion plans. This move reflects strong institutional demand for quality NBFC paper, positioning HDBFS favorably ahead of its public market debut.
Not investment advice. For informational purposes only.