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Housing Development Finance redeems 1.5B rupees of nonconvertible debentures

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Housing Development Finance redeems 1.5B rupees of nonconvertible debentures

India's Housing Development Finance Corp. Ltd. redeemed 1.5 billion rupees of nonconvertible debentures.

The secured redeemable debentures were redeemed March 7, prior to their stated date of redemption, the company said the same day.

As of March 7, US$1 was equivalent to 64.91 Indian rupees.