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Aavas Financiers raises Rs 360 crore through external commercial borrowing

10 Mar 2022 Evaluate

Aavas Financiers has raised Rs 360 crore and allotted 360 senior, listed, unsecured RDBs under the external commercial borrowing route having a face value of Rs 10 crore per Note with coupon rate of 7% per at Private Placement basis to CDC Group. Securities will be listed at NSE IFSC. The Executive Committee of the Board of Directors of the Company has allotted the same on March 10, 2022.

Aavas Financiers is a retail, affordable housing finance company, primarily serving low and middle income self-employed customers in semi-urban and rural areas in India.

Aavas Financiers Share Price

1355.60 7.85 (0.58%)
20-Apr-2026 16:59 View Price Chart
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