Non-convertible debentures (NCDs)

SBI Card to think about ₹5,000-crore fund elevate

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The board of SBI Playing cards and Fee Providers Ltd (SBI Card), the nation’s largest pure play bank card issuer, will meet on September 18 to debate and approve a proposal for fund elevate of ₹5,000 crore.  The corporate desires to lift funds through Non Convertible Debentures (NCDs) by means of the non-public placement route.  … Read more

Navi Finserv plans to boost as much as ₹600 crore by way of NCDs

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Navi Finserv Ltd (NFL) is planning to boost as much as ₹600 crore by way of non-convertible debentures (NCDs), providing efficient yields starting from 10.47 per cent to 11.19 per cent each year, relying on the tenor. The non-banking finance firm’s (NBFC) bond difficulty includes a base difficulty measurement of ₹300 crore and a greenshoe choice of as much as … Read more