HDFC Life Insurance Company Ltd. to Raise INR 750 Crore via NCDs

HDFC Life Insurance Company Ltd. has announced its intention to raise funds through the issuance of subordinated debt instruments in the form of Non-convertible Debentures (NCDs) up to INR 750 crore. The decision was made in a Board meeting and is subject to approval from the Capital Raising Committee of the Board (CRC). The proposed NCDs will be unsecured, rated, listed, redeemable, fully paid-up, non-cumulative, and subordinated. The meeting of the CRC to approve the commercial terms is scheduled for December 8, 2025.