HDFC Life Insurance to raise Rs 1,000 crore via NCDs

HDFC Life Insurance plans to raise Rs 1,000 crore through non-convertible debentures to fund business growth. The debentures, with a 10-year tenure and an 8.05% coupon rate, are unsecured and non-cumulative, and will be listed on the NSE’s Wholesale Debt Market.

Oct 9, 2024 - 19:30

HDFC Life Insurance to raise Rs 1,000 crore via NCDs

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HDFC Life Insurance plans to raise Rs 1,000 crore through non-convertible debentures to fund business growth. The debentures, with a 10-year tenure and an 8.05% coupon rate, are unsecured and non-cumulative, and will be listed on the NSE’s Wholesale Debt Market.