Saturday , October 23 2021

Tag Archives: finance

Shriram Transport Finance to raise Rs 1350 crore through NCDs

Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with ... Read More »

L&T Finance Holdings gets nod to raise funds worth Rs 250 crore

L&T Finance Holdings has received an approval for the issuance of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each at par aggregating to a nominal amount of Rs 250 crore on a private placement basis. The CRPS will be unlisted but may be ... Read More »

Indiabulls Housing Finance eyeing over 20% growth in FY19

Indiabulls Housing Finance is eyeing 20 percent plus growth in its business in the current macro environment. The company’s statement comes amidst concerns of liquidity crisis for the NBFC sector. It has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital ... Read More »

Indiabulls Housing Finance raises Rs 350 crore via NCDs

Indiabulls Housing Finance has raised funds aggregating to Rs 350 crore through allotment of its seventh tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. The date of allotment is October 04, 2018. Indiabulls Housing Finance is the second largest private housing finance company in ... Read More »

RK Group Ventures in to Home Finance Business with the Launch of Wonder Home Finance Ltd.

Commencing business by setting up 29 branches across Rajasthan and planning to begin operations in Gujarat, Maharashtra & Madhya Pradeshin Financial Year 2018-19. Udaipur : RK Group, one ofcountry’sleading diversified businesshouses, having headquarters in Kishangarh,Ajmer, Rajasthan, todayannounced the Launch of Wonder HomeFinance Limited,WHFL, under a license received from the National ... Read More »

Former Finance Minister P Chidambaram appears before ED

Former Finance Minister P Chidambaram today appeared before the Enforcement Directorate (ED)  for the second round of questioning in the Aircel-Maxis money laundering case.  The senior Congress leader arrived at the ED’s headquarter annexe office in New Delhi.He was summoned for today after he was first questioned on June 5 ... Read More »

Finance Minister Arun Jaitley attacks Congress over impeachment attempts

Finance Minister Arun Jaitley launched a scathing attack against the Congress after the petition filed by its MPs against Rajya Sabha Chairperson Venkaiah Naidu’s decision to rejection the impeachment notice versus Chief Justice of India Deepak Misra was dismissed as withdrawn by the Supreme Court. Two Congress MPs on Monday ... Read More »

12th informal meeting of SAARC Finance Ministers held in Manila

The meeting was attended by the Finance Ministers/Heads of Delegations from the SAARC member states. Finance Minister of Nepal Yuba Raj Khatiwada chaired the meeting. According to a press statement issued by the SAARC Secretariat, Khatiwada underscored the need of concerted efforts to attain the objective of South Asian Economic ... Read More »

Bajaj Finance raises Rs 485 crore through private placement

Bajaj Finance has raised funds aggregating to Rs 485 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on October 31, 2017, has allotted 4850 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 485 crore. Bajaj Finance, ... Read More »

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