HDFC raises Rs 25,000 crore in India's largest rupee bond issuance

HDFC, which is in the process of merging itself with the bank it helped spawn, offered to pay a coupon of 7.97% for the 10-year money, the company said in a statement. That compares with the benchmark bond yield of 7.34% Thursday.

HDFC raises Rs 25,000 crore in India's largest rupee bond issuance
HDFC, which is in the process of merging itself with the bank it helped spawn, offered to pay a coupon of 7.97% for the 10-year money, the company said in a statement. That compares with the benchmark bond yield of 7.34% Thursday.