HDFC to consider $6.9 billion fund raise by issuing debt

HDFC would consider a fund raise on March 27 by issuance of non-convertible debentures

Housing Development Finance Corp, India's largest mortgage lender, said on Friday it would consider a fund raise on March 27 by issuance of non-convertible debentures of up to Rs 57,000 crore ($6.91 billion) on a private placement basis.

($1 = Rs 82.55)