Repco Home Finance has issued Commercial Papers (CP) for Rs 50 crore with value dated February 03, 2015 which has been subscribed by LIC Nomura Mutual Fund having maturity on March 27, 2015. The aforesaid issuance of CP is to fund working capital requirement of the company.
Repco Home Finance is a professionally managed housing finance company headquartered in Chennai, Tamil Nadu. The company is operating through 80 branches and 13 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Gujarat, Odisha, West Bengal and Puducherry.