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Capital First makes Rs 99.99 crore investment in CFHFL

01 Aug 2017 Evaluate

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.

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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