HDFC will issue 10-year NCDs worth ₹10,000 crore and HDFC Bank will float AT1 bonds worth ₹3,000 crore
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Bonds worth over ₹30,000 crore issued by banks and non- banking financial companies (NBFCs) are set to hit the market later this week, as they seek to raise funds at lower interest rates ahead of a possible rate hike this month, according to two investment bankers.
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