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HDFC Life Insurance Company receives ratings for proposed NCD issuance

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Capital Market

From CRISIL

HDFC Life Insurance Company announced that CRISIL has assigned the rating CRISILAAA/Stable for the proposed issuance of 6000 Unsecured, Rated, Listed, Redeemable, Fully Paid-Up, Non- Convertible Debentures in the form of 'Subordinated Debt' aggregating upto Rs. 600 crore under the applicable provisions of the Insurance Regulatory and Development Authority of India (Other Forms of Capital) Regulations, 2015.

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First Published: Jun 20 2020 | 2:55 PM IST

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