HDB Financial Services Allots ₹2,018 Crore Secured NCDs

Allotted 20,000 secured redeemable NCDs of Rs 10 lakh face value aggregating Rs 2,018.17 crore including premium and accrued interest via private placement. Coupon 8.05%, tenure 1,064 days maturing 8 August 2029, to be listed on BSE wholesale debt segment with 1.1x receivables cover.