Searched for
INDEL MONEY FUNDING
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 ...
- Indel Money appoints investment banker Lincoln International to raise $30-40 million ahead of IPOIndel Money, a gold-loan NBFC, appointed Lincoln International to raise $30-40 million from PE funds. This funding supports growth initiati...
- Gold loan NBFCs expect RBI's 25 bps repo rate cut to lift gold loan demand, business sentimentWhile the Reserve Bank of India’s decision to reduce the repo rate will ease borrowing costs and enhance liquidity in the short term, the r...
- 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...
- 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...
- Indel Money in talks to divest 15% stake and raise Rs 400 croreThe NBFC is aiming to double its gold loan portfolio by 2022-23 from that of 2020-21, banking on sustained economic recovery, subsequent gr...
- Indel Money enters partnership with IndusInd Bank to offer gold loans at competitive ratesUnder the co-lending partnership, Indel Money will originate and process gold loans based on mutually formulated credit parameters and elig...
- 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...
- NBFC Indel Money to launch maiden Rs 150 cr NCD in SeptemberThe NBFC is also in talks with private equity (PE) funds to divest 15 per cent stake as it charts out a faster growth trajectory by enterin...
- Why are gold loan tenures increasing during Covid?An increasing number of business owners and households are recognising gold loans as a source of arranging long-term funds, which was quite...
- Covid-19: Indians taking loans against their household gold for more than onceAs many as 80% of customers have taken loans against gold more than once in the past four months, said executives of gold loan NBFCs.
- 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.
Load More
