HDFC dishes up first Masala bond by India issuer

India's largest mortgage lender pays up to ensure Masala bond market finally gets off the ground.
Unlocking a new market?
Unlocking a new market?
July 14, 2016

India's largest mortgage lender, Housing Development Finance Corp (HDFC) issued the first Masala bond by an Indian company on Thursday, opening up a new fundraising avenue for domestic borrowers.

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