HDB Financial Services raises Rs 175 crore through NCDs

HDB Financial Services has raised Rs 175 crore through allotment of Non-Convertible Debentures (NCDs). The company has allotted 17,500 secured redeemable NCDs face value of Rs 1,00,000 each on Private Placement basis. The NCDs have a tenure of 1818 days and carry coupon rate of 7.60% per annum. The Debenture Allotment Committee of the company, at its meeting held on March 12,2026, has approved the same.