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HDB Financial Services 8.50% Perpetual NCD (INE756I08249)

CRISIL AAA Unsecured NCD

HDB Financial Services Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds

68 more bonds from HDB Financial Services Limited →
Current YTM
—
No market YTM available
Coupon Rate
8.50%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 28 Oct 2026 New rating assigned to AAA CRISIL
  • 28 Oct 2026 Interest payment notice Pursuant to regulation 57(1) of SEBI LODR, Intimation regarding Payment of Interest
  • 15 Sep 2026 Interest payment notice Pursuant to Regulation 57(1) of SEBI LODR, Intimation regarding payment of Interest
  • 9 Sep 2026 Debt securities notice Allotment of Secured Redeemable NCDs on private placement basis
  • 2 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Key Metrics

Coupon Rate
8.50%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 28 Sep 2026, 41 days ago
Remaining Tenure
Perpetual

AAA (CRISIL): Rated 28 Sep 2026 (41 days ago).

AAA (CARE): Rated 28 Sep 2026 (41 days ago).

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹150 Cr
Face Value
₹1,00,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
15 Dec 2023
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

Issued by HDB Financial Services Limited, HDB Financial Services 8.50% Perpetual NCD is an unsecured, rated NCD. It pays an 8.50% p.a. coupon, annually. It has no fixed maturity date.

Rating Timeline

7 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
28 Sep 2026 CARE AAA — Latest NSE filing →
28 Sep 2026 CRISIL AAA — Latest NSE filing →
4 Sep 2026 CARE AAA — Superseded NSE filing →
3 Sep 2026 CRISIL AAA — Superseded NSE filing →
6 Aug 2026 CARE AAA — Superseded NSE filing →
5 Aug 2026 CRISIL AAA — Superseded NSE filing →
2023 CARE AAA — NSDL record, 2023 NSDL debt master

Rating Action History

5 actions

Agency actions on HDB Financial Services Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-28 CRISIL Initial AAA Stable View →
2026-10-13 CRISIL Update — — View →
2026-09-28
This bond
CARE Reaffirm AAA Stable NSE filing →
2026-09-28 CRISIL Reaffirm AAA Stable View →
2026-09-04
This bond
CARE Reaffirm AAA Stable NSE filing →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on HDB Financial Services Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-28 CRISIL Initial AAA / Stable View →
2026-10-13 CRISIL Update — View →
2026-09-28 CARE Reaffirm This bond AAA / Stable NSE filing →
2026-09-28 CRISIL Reaffirm AAA / Stable View →
2026-09-04 CARE Reaffirm This bond AAA / Stable NSE filing →
Alert me about HDB Financial Services Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 7 CARE, CRISIL 2026-09-28
Rating Actions History 5 — 2026-10-28
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE756I08249
Issue Date
15 Dec 2023
Maturity Date
Perpetual — no fixed maturity
Listing
—
Payment Frequency
Annual
Put / Call Option
Call
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on HDB Financial Services 8.50% Perpetual NCD?

HDB Financial Services 8.50% Perpetual NCD carries a coupon of 8.50%, paid annual, on a face value of ₹1,00,00,000.

When does HDB Financial Services 8.50% Perpetual NCD mature?

HDB Financial Services 8.50% Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is HDB Financial Services 8.50% Perpetual NCD rated?

HDB Financial Services 8.50% Perpetual NCD is rated AAA by CRISIL (rating dated 28 Sep 2026) and AAA by CARE (rating dated 28 Sep 2026).

Is HDB Financial Services 8.50% Perpetual NCD secured?

HDB Financial Services 8.50% Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can HDB Financial Services 8.50% Perpetual NCD be called or put back early?

HDB Financial Services 8.50% Perpetual NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

More Bonds from This Issuer

H
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Coupon
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Maturity
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H
HDB Financial Services 7.99% Dec 2026 NCD
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Maturity
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H
HDB Financial Services 7.99% Dec 2026 NCD
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Coupon
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Maturity
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H
HDB Financial Services 8.24% Apr 2027 NCD
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Coupon
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Maturity
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