Capital First has received an approval for issue of Listed, Rated, Secured, Redeemable, Non-Convertible Debentures (NCDs) for an aggregate amount of Rs 300 crore on private placement basis. The Debenture Committee constituted by the board of directors of the company at its meeting held on August 10, 2015 has approved for the same.
Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.
