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India's HDFC plans to raise 2 bln rupees via bonds

Source : REUTERS
Last Updated: Fri, Mar 15, 2013 05:48 hrs
An employee's shadow is cast on the ICICI Bank logo at their headquarters in Mumbai

Housing Development Finance Corporation India's biggest mortgage lender, is planning to raise 2 billion rupees ($36.83 million) through 10-year bonds at 8.95 percent, a source with knowledge of the deal said.

ICICI Bank is the sole arranger to the bond sale, the source said.


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