HDFC set to raise up to Rs 12,000 crore via bonds, in talks with LIC

The home financier is in talks with LIC of India, SBI Pension funds and LIC Pension funds that are expected to buy into these bonds, debt market sources familiar with the matter told ET. HDFC will likely use the proceeds to expand its loan book amid robust demand for new homes.

HDFC set to raise up to Rs 12,000 crore via bonds, in talks with LIC
The home financier is in talks with LIC of India, SBI Pension funds and LIC Pension funds that are expected to buy into these bonds, debt market sources familiar with the matter told ET. HDFC will likely use the proceeds to expand its loan book amid robust demand for new homes.