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HDFC raises Rs 500 crore via masala bonds

HDFC raises Rs 500 crore via masala bonds

Mortgage lender HDFC has said that it has raised Rs 500 crore through rupee-denominated bonds from overseas investors. “The corporation has completed the fourth issue of rupee denominated-bonds to overseas investors of issue size Rs 500 crore,” HDFC said in a regulatory filing to stock exchanges.