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INDEL MONEY LIMITED
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 ...- 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...
- Kochi-based NBFC Indel Money to raise upto Rs 200 crore through NCDsNCDs proposed to be issued under this Issue are rated as BBB+/Stable ratings by Crisil. It indicates a moderate degree of safety regarding ...
- Indel Money announces 4th public issue of secured NCDsGold loan non-banking finance company Indel Money on Wednesday announced the 4th public issue of secured NCDs of face value of Rs 1,000 eac...
- Indel Money announces 3rd tranche of NCDs to raise up to Rs 100 crGold loan non-banking finance company Indel Money has announced its third tranche of public issue of Secured NCDs with the face value of Rs...
- Gold loan companies stop issuing ₹2,000 notesThese non-banking financial companies (NBFCs) said they continue to accept ₹2,000 notes, but are seeking KYC (know your customer) details a...
- MediBuddy expands healthcare offerings, partners with gold loan NBFC Indel MoneyThis partnership will provide Indel Money Gold customers with access to a range of healthcare services, including unlimited general physici...
- Gold loan non-banking finance company Indel Money expects 50 per cent growth in business in current financial yearThe NBFC feels that the demand for gold loan in FY22 will be fuelled by healthcare requirements, pandemic-driven uncertainty, the limitatio...
- Gold loan business set for new highs this fiscalMuthoot Finance’s gold loan business increased by 26% year-on-year in 2020-21 at Rs 52,622 crore. “Our guidance for the current financial y...
- All about demonetisation timelineRules for cash deposits and withdrawals are changing every day. The extension of deadline for using old notes till 24 November was a big re...
- Cash crunch likely to take turn for better, ATM withdrawal limit may be raised from Rs 2,500Bankers said the supply of Rs 500 notes would go up, but were unsure whether that would ease the current cash crunch significantly.
- Demonetisation: Situation improving, government could not have done better, says FM JaitleyThe FM said that the government has performed the mammoth task of scrapping high-denomination notes and replacing them with new ones to the...
- Government may do away with cash exchange graduallyThe limit for currency exchange was initially fixed at Rs 4,000 per day, but was later hiked to Rs 4,500 a day for all the entire 50-day pe...
- All Canara Bank ATMs will be recalibrated by November 30: Rakesh Sharma, MD, Canara BankThe move is aimed at encouraging people to open bank accounts where they can deposit any amount and withdraw Rs 24,000 a week.
- Now, you can withdraw Rs 2.5 lakh for marriage purpose from your KYC-compliant accountIt has allowed up to Rs 2.5 lakh cash withdrawal from bank account of a bride or groom or their parents for a marriage during the ongoing w...
- Demonetisation: Before queues end bankers fret about anotherICICI Bank’s head for retail banking Anup Bagchi said that it’s important that the ATM network functions at full throttle and doesn’t run o...
- Banks suspect foul play as Jan Dhan accounts turn activeAt many public sector bank branches across the state, people deposited money at one counter and simultaneously withdrew it from another.
- Demonetisation: Government introduces indelible ink to stop multiple currency exchanges in bankShaktikanta Das appealed to religious institutions to deposit smaller denomination currency which they have received as a part of donation.
- The ink impact: People queue up at banks for cash in & cash outThe total money exchanged has been gradually coming down. Those in urgent need have already exchanged their currency notes, said a senior e...
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