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Don’t miss the latest developments in business and finance.
Biggest corporate bond deal: HDFC raises Rs 25,000 crore via NCDs
ICICI, Axis, HDFC Bank, ICICI Securities Primary Dealership arranged the deal
HDB Financial Services plans to raise Rs 7,500 crore through NCDs
The finance company has seen business growing at a good pace over the past few years
HDFC to raise Rs 500 cr through NCDs; issue to open on May 19
The bonds will bear coupon rate of 7.67 per cent per annum