Capital First has received approval to raise funds around Rs 98.61 crore through allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) on private placement basis.
The meeting of the Debenture Committee of the company held on June 27, 2018, approved 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.
