Hudco plans $1-B foreign debt raise
Delhi-based Housing and Urban Development Corporation (Hudco) plans to raise $1-B in foreign debt. The firm intends to use the Reserve Bank of India’s concessional forex swap facility to execute this transaction. Hudco is currently engaging with international entities in Japan, the US, and the eurozone to secure the funding lines.Hudco provides long-term financing for housing and urban infrastructure projects and held a loan book of INR 1.65 lakh crore as of March 2026. The firm plans to mobilize approximately INR 70,000 crore during the current financial year to support its lending and business growth requirements.
For FY25, HUDCO had reported about INR 10,311 Cr in Operating Income and about INR 2,709 Cr in PAT.
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