HDB Financial Services Ltd

HDB Financial Services Issues ₹325 Crore NCDs 🏦

• Total issue size: ₹3,25,00,00,000 (₹325 crore)

• Face value per NCD: ₹1,00,000

• Tenure: 762 days, maturing on May 29, 2028

• Coupon rate: 7.58% per annum

• Interest payment dates: May 28, 2026, May 28, 2027, and at maturity

• Secured by first and exclusive charge on issuer's receivables

• Minimum asset cover: 1x

• Proposed listing: Wholesale Debt Market Segment of BSE Limited