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HDFC to raise up to $500 million from ECB

Housing Finance company HDFC Ltd Friday said it has got RBI clearance to raise up to USD 500 million (about Rs 3,100 crore) as External Commercial Borrowing (ECB) to fund its business growth.

HDFC Q3 Net up 27.5% at Rs 1,706 cr

Housing Development and Finance Corporation (HDFC) had a net profit of Rs 1,337.38 crore in the October-December quarter of 2011-12 fiscal.