HDFC Life Raises $82.57M Via 10-Year Subordinated Bonds at 7.63% Coupon
HDFC Life Insurance accepted $82.57 million in bids for 10-year subordinated bonds at a 7.63% coupon rate, rated AAA by Icra. Bonds feature call options starting year five.
HDFC Life Insurance accepted $82.57 million in bids for 10-year subordinated bonds at a 7.63% coupon rate, rated AAA by Icra. Bonds feature call options starting year five.
HDFC Life posts 17% growth in individual premiums and expands market share in FY25 as India's life insurance sector shows resilience with rising premiums and evolving distribution strategies.