×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

HDFC hires DBS for $200 mn in 3-year loans

HDFC hires DBS for $200 mn in 3-year loans
Comment E-mail Print Share
First Published: Tue, Jan 12 2010. 10 37 PM IST
Updated: Tue, Jan 12 2010. 10 37 PM IST
Mumbai:Housing Development Finance Corp. (HDFC), India’s biggest mortgage lender, hired DBS Group Holdings Ltd to arrange $200 million in three-year loans, a person familiar with the matter said.
Values of houses have climbed as much as 29% in parts of Mumbai and as much as 23% in New Delhi last year.
HDFC’s net income in the quarter ended 30 September rose to Rs664 crore from Rs543 crore a year earlier, its regulatory filings show. HDFC has Rs34,600 crore in bonds and loans outstanding, including Rs9,100 crore of debt due this year.
Comment E-mail Print Share
First Published: Tue, Jan 12 2010. 10 37 PM IST