Searched for
INDEL MONEY LOAN
Indel Money doubles profit & eyes continued growth in gold loan marketIndel Money, a gold loan NBFC, has reported a significant rise in profit and revenue for FY24. Profit doubled to Rs 55.75 crore from Rs 29....- 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's net profit rises 127% in Q2FY24, revenue up 61%Gold loan non-banking finance company Indel Money has witnessed a rise of 127.21% in its net profit in the second quarter of FY24 to 18.91 ...
- Indel Money Q1 Results: Profit jumps 63% QoQ to Rs 21 croreThe company's AUM (asset under management) grew 61% year-on-year during the same quarter to Rs 1294.44 crore. The annual disbursement rate ...
- Gold loan NBFC Indel Money looks to strengthen presence in western, central IndiaIn FY23, Indel Money witnessed an unprecedented over 250 percent growth in disbursement compared to that of FY22. The company disbursed loa...
- 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 forays into personal loan segmentInitially, the facility will be available to its existing gold loan customers, the company said. It will later be expanded to a broader seg...
- 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...
- 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...
- 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...
- Crisil upgrades Indel Money's credit ratingThe rating of Indel Money on the short-term scale has also been upgraded to ‘A3 Plus’ from ‘A3 minus’.
- Are long-term gold loans in demand?Kerala-based Indel Money launched the first long-term gold loan in the country with two-year tenure, a loan product that aims to garner bus...
- 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...
Load More
