HomeNewsBusinessCompaniesNHB revives plan for bond issues, to raise Rs 500 cr

NHB revives plan for bond issues, to raise Rs 500 cr

A high demand for refinancing has prompted the National Housing Bank (NHB) to revive its fund raising plan through bond issues. According to R H Verma, Chairman & Managing Director of the apex body of housing finance companies (HFCs), it is planning to raise Rs 500 crore, to support its rising requirement of funds.

March 02, 2012 / 15:54 IST
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Saikat Das
Moneycontrol.com

A high demand for refinancing has prompted the National Housing Bank (NHB) to revive its fund raising plan through bond issues. According to R V Verma, Chairman & Managing Director of the apex body of housing finance companies (HFCs), it is planning to raise Rs 500 crore through privately placing bonds, to support its rising requirement of funds.
first published: Mar 2, 2012 01:58 pm

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