Capital First has received an approval for raising of up to Rs 300 crore through issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) on private placement basis. The debenture committee constituted by the Board of Directors of the Company at its meeting held on December 29, 2016 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.