DHFL gets nod to raise funds via NCDs

Dewan Housing Finance Corporation (DHFL) has received approval for issuance on Private Placement basis of Non-Convertible Secured/Unsecured Redeemable Debentures (NCDs) worth Rs 10,000 crore, NonConvertible Subordinated Unsecured Debentures (NCDs) worth Rs 1,000 crore and Non-Convertible Perpetual Unsecured Debentures (NCDs) worth Rs 1,000 crore depending upon the prevailing market conditions and business requirements of the company. … Read more

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