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Capital First plans to raise $50 million from IFC: Report

24 Apr 2017 Evaluate

Capital First is reportedly planning to raise $50 million from International Finance Corporation (IFC) in five-year non-convertible debentures. The funding will be used for lending to women-owned small and medium enterprises.

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.

Peers
Company Name CMP
Bajaj Finance 1009.00
Shriram Finance 1006.00
Aditya Birla Capital 396.95
Tata Capital 341.00
Chola Invest & Fin. 1761.00
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