HDFC To Raise Rs 730 Crore Via Bonds

New Delhi: HDFC Ltd on Friday said it will raise Rs 730 crore through private placement of non-convertible debentures. The mortgage lender said the proceeds will be used to fund its long term capital resources. "The object of the issue is to augment the long-term resources of the corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements," Housing Development...