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Search result for 'indel money'

New Delhi, Oct 21...

Indel Money to Raise Rs 150 Cr via NCDs - Business Growth

October 21, 2024 17:03
Indel Money, a gold loan financier, plans to raise up to Rs 150 crore through non-convertible debentures (NCDs) to fund business growth. The funds will be used for onward lending, financing, and...

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New Delhi, May 9...

RBI Caps Gold Loan Cash Payment at Rs 20,000 for NBFCs

May 9, 2024 20:03
The Reserve Bank of India has asked NBFCs to stick to a cash payment limit of Rs 20,000 for gold loans, citing Income Tax laws. This move aims to enhance compliance and transition towards digital...

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New Delhi, Jan 23...

Indel Money IPO in FY'27, Raises Rs 200 Crore via NCDs

January 23, 2024 16:45
Indel Money, aiming for an IPO in 2026-27, raises Rs 200 crore through NCDs, offering 12.25% interest for 72 months. The gold loan company plans to expand its branch network across India.

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Mumbai, Jan 17...

Indel Money Targets Rs 1,600 Cr AUM, Raises Rs 200 Cr via NCD

January 17, 2024 16:38
Indel Money, a gold loan player, aims to reach Rs 1,600 crore AUM by March 2023 and is raising Rs 200 crore through a NCD issuance offering 12.25% yield.

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TODAY'S MOST TRADED COMPANIES

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  • Zomato
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