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Spandana Sphoorty Financial raises Rs 100 crore via NCDs

20 Jun 2020 Evaluate

Spandana Sphoorty Financial has raised Rs 100 crore through Rated, Listed, Secured, Redeemable Non-Convertible Debentures (NCDs) and allotted 1000, 12.75% NCDs having face value of Rs 10 lakh each, fully paid, at par, to Bandhan Bank on a private placement basis.

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

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