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Indel Money to offer NCD yielding 12 25% for 6 years; subscription open till January 30

The company has opened eight branches in Delhi-NCR, in line with its plans to open 16 branches by March 2024

Umesh mohananVivro financial services privateIndel moneyIndel money limitedExecutive whole time directorMoney limitedRetail investorsDebt investorsHigh risk investorsAlternative investmentRetirement planningNdel money ncd2 25 ncdIgh yield ncdNon convertible debentureFixed income investment

budget 2024: Budget 2024: NBFCs bat for credit guarantee scheme, among other measures in Interim Budget

Gold loan NBFCs urge for fiscal measures in Union Budget 2024 to infuse liquidity and introduce partial credit guarantee scheme for onward lending to micro-enterprises. They also seek priority sector status, gold linked credit line via UPI, liquidity support from SIDBI or NABARD, regulatory easing for digital lending, and co-lending partnerships. Indian households idle gold can be leveraged for financing. Giving priority sector status to eligible gold loans will benefit small borrowers, self-employed, micro business owners, and MSMEs. Extending priority status to all micro gold loans can enable gold loan NBFCs access to increased funding.

Umesh mohananGeorge alexander muthootUnion budgetIndel moneyAlexander muthootMuthoot financeBudget 2024Union budget 2024Interim budgetInterim budget 2024

Indel Money Ltd announces public issue of up to Rs 200 crore of secured NCDs

India Business News: Indel Money Limited, a gold lending NBFC, has launched fourth public issue of secured NCDs with face value of Rs 1000 apiece. The issue begins on Tues

Umesh mohananIndel moneyIssue is vivre financial services privateIndel money limitedIndel money limitedsaidVivre financial services privateMoney limitedBusiness newsSecured ncdsPublic issueIndel money ltdGold loan

Indel Money Limited announces Public Issue of up to Rs 200 crores of Secured, Redeemable Non-Convertible Debentures

Indel Money Limited announces Public Issue of up to Rs 200 crores of Secured, Redeemable Non-Convertible Debentures
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Umesh mohananIndel moneyIssue is vivro financial services privateIndel money limitedExecutive whole time directorBase issue sizeLead managerVivro financial services privateMoney limited

Kochi-based NBFC Indel Money to raise upto Rs 200 crore through NCDs

NCDs proposed to be issued under this Issue are rated as BBB+/Stable ratings by Crisil. It indicates a moderate degree of safety regarding the timely servicing of financial obligations.

Umesh mohananIndel moneyWhole time executive directorIndel money ncd issueIndel money fundraiseIndel money shares

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