Capital First (CFL) has made an investment of Rs 99.99 crore in Capital First Home Finance (CFHFL), a wholly owned subsidiary of CFL by way of subscribing to the rights issue of equity shares of CFHFL which have been allotted on July 31, 2017. The said funds will be utilized for growth of operations of CFHFL.
Capital First (CFL) 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.