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INDEL CORPORATION
Indel Money to raise up to Rs 300 cr via public issue of NCDsGold loan financier Indel Money on Wednesday announced its sixth public issue of Secured NCDs with objective to raise up to Rs 300 crore to...
Indel Money launches Rs 300 crore secured NCD public issue to fund lending, repaymentsIndel Money is launching its sixth public issue of secured Non-Convertible Debentures. The issue opens on October 13 and closes on October ...
ET Awards to honour Ratan Tata's legacy and philanthropyRatan Tata, who passed away in October last year at the age of 86, will be honoured with a special Jewel of India award at the 25th ET Awar...
Indel Money's NCD issue oversubscribed 1.5 times, attracting Rs 117.38 croreIndel Money's NCD issue, offering a yield up to 13.44%, was oversubscribed 1.5 times, attracting bids worth Rs 117.38 crore. The issue, whi...
Gold loan NBFC Indel Money opens new NCD issue: Up to ₹150 crore on offer with attractive returnsIndel Money launches its fifth public issue of secured NCDs, offering a base amount of Rs 75 crore with an option to retain oversubscriptio...
Indel Money raises Rs 50 crore via market-linked debenturesThe market placement expertise of Yubi also helped us develop a broad investor base for the MLDs. For investors, our MLDs offer a short ten...
Indel Money announces 2nd tranche of public issue to raise up to Rs 100 croreThe NCDs are for a tenure of 366 days to 77 months with a coupon yielding up to 11.5 per cent per annum. Umesh Mohanan, executive director ...
Gold loan player Indel Money eyes Rs 1,000 crore loan book next fiscalIndel Money's gold loan portfolio stood at Rs 336 crore in FY20 and Rs 580 crore in FY21 and is confident of closing the book with Rs 700 c...
IndusInd Bank inks gold loan co-lending pact with Indel MoneyWhile IndusInd Bank will take into its book 80 per cent of the gold loan generated by the co-lending arrangement, the remaining 20 per cent...
Indel Money launches Rs 150 crore NCDThe secured and unsecured NCDs come with a face value of Rs 1,000 each. The issue includes a base issue size for an amount of up to Rs 75 c...
Three years after IL&FS debacle, NBFCs make a comeback with public bond salesIndiabulls Housing and Edelweiss are in the market selling bonds to retail investors. Piramal Capital & Housing, Muthoot Finance, Muthoot F...
Indel Money in talks with PE players to divest 15 percent for Rs 140 croreWith the divestment, the company aims to lay out a faster growth trajectory by entering new markets in FY22 and going for an eventual publi...
Election Commission orders 26 lakh bottles of indelible ink for Lok Sabha pollsIn the 2014 Lok Sabha elections, the poll panel had bought 21.5 lakh phials, 4.5 lakh less than this year.
Mumbai-based Indel Corporation plans to expand its wings in more statesThe financial subsidiary Indel Money will open more branches in Kerala, Tamil Nadu and Karnataka and diversify its activities.
Indel Money to have pan-India presenceIndel Money Pvt. Ltd. , the NBFC with strong presence in Kerala and Tamil Nadu, plans to increase its visibility by rolling out 700 branche...
People who cast vote will get Re 1 discount on petrol in AhmedabadA group of city-based petrol pumps announced an incentive to provide petrol cheaper by Re one per litre after verifying the indelible ink f...
LS Polls 2014: People who cast vote will get Re 1 discount on petrol in AhmedabadGroup of petrol pumps has announced to provide petrol cheaper by Re one per litre after verifying indelible ink finger mark of consumer.