Plan to utilise part of proceeds to set up stressed asset fund in realty sector: HDFC
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India#39;s biggest mortgage lender HDFC has informed the exchanges that it plans to raise around Rs 11,000 crore. They will do it via issuing preference shares to the shareholders. That#39;s not all; the HDFC board also approved raising around Rs 1,896 crorePlan to utilise part of proceeds to set up stressed asset fund in realty sector: HDFC
India#39;s biggest mortgage lender HDFC has informed the exchanges that it plans to raise around Rs 11,000 crore. They will do it via issuing preference shares to the shareholders. That#39;s not all; the HDFC board also approved raising around Rs 1,896 crore through qualified institutional buyers. Read more