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	<title>Property News India and Featured Real Estate Stories &#187; DBS</title>
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		<title>300 mn raised by HDFC through ECB</title>
		<link>https://groups.commonfloor.com/news/300-mn-raised-by-hdfc-through-ecb-56147</link>
		<comments>https://groups.commonfloor.com/news/300-mn-raised-by-hdfc-through-ecb-56147#comments</comments>
		<pubDate>Fri, 07 Mar 2014 05:40:28 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[affordable housing projects in India]]></category>
		<category><![CDATA[affordable housing scheme]]></category>
		<category><![CDATA[DBS]]></category>
		<category><![CDATA[ECB loans]]></category>
		<category><![CDATA[External Commercial Borrowings]]></category>
		<category><![CDATA[External commercial borrowings (ECB)]]></category>
		<category><![CDATA[HDFC]]></category>
		<category><![CDATA[Housing Development Finance Corporation]]></category>
		<category><![CDATA[Housing Development Finance Corporation (HDFC)]]></category>
		<category><![CDATA[Housing finance companies]]></category>
		<category><![CDATA[libor]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[State Bank of India]]></category>
		<category><![CDATA[Sumitomo Mitsui Banking Corporation]]></category>
		<category><![CDATA[the Bank of Tokyo-Mitsubishi UFJ]]></category>

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		<description><![CDATA[Housing Development Finance Corporation (HDFC) raised $300 million via external commercial borrowings (ECB). The amount was raised under the affordable housing scheme of the Reserve Bank of India. ECB loans carry a lower rate of interest and are raised abroad. The RBI has allowed housing finance companies to tap external sources of financing to enable [...]]]></description>
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