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Reliance Home Finance raises funds via NCDs

24 Aug 2018 Evaluate

Reliance Home Finance has raised Rs 5 crore with an option to retain oversubscription aggregating to Rs 50 crore through issuance of Non-Convertible Debentures (NCDs). The Deemed date of allotment is August 23, 2018, with a tenure of 1,464 days and the date of maturity is August 16, 2022.

Reliance Home Finance is engaged in providing housing finance. It provides housing loans, home improvement loan, home extension loan and reliance property solutions. It offers home loans to individuals and companies. It operates as a subsidiary of Reliance Capital.

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