19.07.2016 05:40:00
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Power Finance Corporation Limited -- Moody's: HDFC Ltd's masala bond issuance opens market for other NBFCs and GRIs
Singapore, July 19, 2016 -- Moody's Investors service says India'sHousing Development Finance Corp. Ltd.'s (HDFC Ltd., unrated) issuance of a masala bond -- a rupee-denominated bond in the overseas market -- will open the market for other potential issuers, particularly Non-Bank Finance Companies (NBFCs) and Government Related Issuers (GRIs).