($1 = 82.0700 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, March 10 (Reuters) - India's HDFC Securities plans
to raise funds through the sale of commercial papers maturing in
three months, three merchant bankers said on Friday.
The company will offer a yield of 7.90% on the papers and
has received commitments worth around 1 billion rupees ($12.2
million) so far, they said.
The notes are rated A1+ by ICRA.
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