Earlier in August, the company had said it will raise Rs 10,000 crore by issuing non-convertible debentures (NCDs) in one or more tranches.
09 Sep 2016, 3.24 pm | Source: PTI
CanFin Homes Ltd, sponsored by Canara Bank, today said it will raise Rs 3,000 crore by issuing bonds in tranches. The decision was taken by the company's Board of Directors at a meeting held today.
07 Sep 2016, 10.32 pm | Source: PTI
Housing finance major HDFC Ltd will raise Rs 1,000 crore through an issue of non-convertible debentures (NCDs) on private placement basis.
07 Sep 2016, 10.32 pm | Source: PTI
Additional 5 percent allowed for funds to invest in housing finance companies in the paper will see demand from bond market, SK Hota, Managing Director of Can Fin Homes told CNBC-TV18. There’ll be a cost advantange to companies ...
06 Sep 2016, 4.13 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Deepak Parekh, Chairman of HDFC, said that the recent Cabinet move is an excellent one. “All contracting companies from L&T onwards are overburdened because of arbitration process. Every project goes into a...
03 Sep 2016, 3.56 pm | Source: CNBC-TV18
According to the latest data with the Securities and Exchange Board of India (Sebi), six companies have raised funds totalling Rs 6,400 crore through retail issuance of NCDs in the current fiscal.
02 Sep 2016, 4.00 pm | Source: PTI
Yesterday, HDFC said it plans to raise up to Rs 500 crore through issuance of rupee denominated bonds to overseas investors.
01 Sep 2016, 12.32 pm | Source: PTI
"Pursuant to the approval of the Board of Directors of the Corporation at its meetings held previously, the Corporation is contemplating, subject to market conditions, undertaking an issuance of Rupee denominated bonds to overseas...
31 Aug 2016, 12.12 pm | Source: PTI
In an interview with CNBC-TV18, Keki Mistry, Vice Chairman and Chief Executive Officer of HDFC, said the demand for housing loans was going to be strong over the next few years.
31 Aug 2016, 11.56 am | Source: CNBC-TV18
In an interview with CNBC-TV18, Kapil Wadhawan, CMD of DHFL, talked about its Rs 2,000-crore non-convertible debenture (NCD), which got over-subscribed six times on day 1 of issue, and explained why the company priced the issue at...
30 Aug 2016, 10.36 am | Source: CNBC-TV18
"India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes," Parekh sai...
29 Aug 2016, 1.34 pm | Source: PTI
With an issue size of Rs 2,000 crore, the company can retain over-subscription of up to Rs 8,000 crore, CFO of DHFL Santosh Sharma said.
26 Aug 2016, 4.12 pm | Source: PTI
The Indian firms raised USD 183.7 million via approval route while rest USD 1.02 billion was raised by way of automatic channel, showed Reserve Bank's data released today.
26 Aug 2016, 1.48 pm | Source: PTI
In an interview with CNBC-TV18, Harshil Mehta said that the company's focus has been on improving its cost of funds and expects a 15-25 basis points (bps) improvement for the same in the short term.
26 Aug 2016, 1.23 pm | Source: CNBC-TV18
Fitch said the RBI's proposal to allow banks to issue 'masala bonds' - rupee-denominated bonds issued in offshore capital markets - would ultimately deepen the market for AT1 and tier II bond issuance.
26 Aug 2016, 12.50 pm | Source: PTI
Under the deal, Aadhar Housing Finance would be merged with DHFL Vysya and the latter would be the surviving entity.
26 Aug 2016, 8.52 am | Source: PTI
The NCD issue of face value of Rs 1,000 each with a base issue size of Rs 2,000 crore and an option to retain oversubscription of up to Rs 8,000 crore aggregating up to Rs 10,000 crore opens on August 29, DHFL said in a statement.
26 Aug 2016, 7.48 am | Source: PTI
HDFC will issue secured redeemable non-convertible debentures on a private placement basis for a tenor of one-and-a-half years to raise the amount, it said in a regulatory filing.
25 Aug 2016, 2.12 pm | Source: PTI
Paragon Partners was floated by Siddharth Parekh, son of HDFC Chairman Deepak Parekh, and entrepreneur Sumeet Nindrajog in August last year.
25 Aug 2016, 8.48 am | Source: PTI
The platform NSE-EBP (Electronic Debt Bidding Platform) was launched on July 1, to facilitate online bidding for private placement of debt securities. The rival exchange BSE had also launched the platform -- BSE-BOND -- on the sam...
24 Aug 2016, 3.08 pm | Source: PTI
The issuance was subscribed nearly 19-times on its first day with overall subscription of about Rs 19,000 crore.
19 Aug 2016, 2.04 pm | Source: PTI
The NCDs are proposed to be listed on the National Stock Exchange and BSE.
17 Aug 2016, 1.14 pm | Source: PTI
On Rajan's persistent worry on slow transmission of rate cuts by banks, HDFC Vice Chairman Keki Mistry says it will happen with time as the incremental cost of funding of banks reduces.
09 Aug 2016, 12.42 pm | Source: CNBC-TV18
With two companies raising Rs 5,000 crore via offshore masala bonds in the last month, global ratings agency Fitch has said it will help diversify funding for India Inc, especially non-banking finance companies.
09 Aug 2016, 9.22 am | Source: PTI
Talking about the overwhelming response seen by the issue, Kapil Wadhawan, CMD, DHFL says it would be a game-changer not only for the company but for the industry as a whole.
04 Aug 2016, 11.46 am | Source: CNBC-TV18
Mortgage lender Dewan Housing Finance Corporation Ltd's (DHFL) maiden issue of non- convertible debentures worth up to Rs 4,000 crore was fully subscribed today, the very first day of the issue.
03 Aug 2016, 6.38 pm | Source: PTI
The issue subscribed 6.39 times till 1400 hrs, according to latest update available with National Stock Exchange (NSE).
03 Aug 2016, 2.58 pm | Source: PTI
HDFC is the first company to issue a bond of this type, which raised Rupees 30 billion, equivalent to around USD 450 million. It has a maturity of three years and an annual yield of 8.33 per cent and was more than four times overs...
01 Aug 2016, 6.08 pm | Source: PTI
The three-year bond, from Indian bank Household Development Finance Corporation, raised 30 billion rupees (USD 450 million) at a yield of 8.33 percent and was more than four times oversubscribed, Britain's finance ministry said.
01 Aug 2016, 2.05 pm | Source: Reuters
HDFC has granted in-principle approval for the amalgamation of Grandeur Properties, Haddock Properties, Winchester Properties, Pentagram Properties and Windermere Properties into itself, the company said in a statement.
27 Jul 2016, 9.18 pm | Source: PTI