Current Affairs · Corporate Deals
In February 2023, Housing Development Finance Corp. (HDFC) priced its biggest-ever rupee bond issuance ahead of its merger with HDFC Bank. How much capital did it raise through this 10-year bond sale at a coupon rate of 7.97%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 30,000 crore
- 2Rs 25,000 crore✓
- 3Rs 41,000 crore
- 4Rs 38,000 crore
Correct answer
Rs 25,000 crore
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