Capital First has received an approval to issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures of Rs 500 crore on private placement basis. The Board of directors of the company at its meeting held on January 25, 2018 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.