The difficulty will open on April 8, 2025, and shut on April 24, 2025. The difficulty has acquired a CRISIL A+/Secure ranking.
The debentures could have a coupon of 9.5% to 11% and have dedicated to paying buyers an extra 2% each year over the agreed coupon fee if there are delays in allotment, or principal reimbursement past regulatory timelines.
The group is scaling up its retail lending enterprise via an asset-light mannequin whereas winding down its wholesale mortgage ebook. Key focus areas embrace mortgages and MSME loans, with co-lending partnerships established with main home and overseas banks for each precedence and non-priority sector lending, in keeping with a current Crisil report.
Whereas retail AUM gained momentum in FY24, progress remained gradual on account of delays in onboarding and underwriting with co-lending companions.
The regulatory embargo additional weighed on total lending enlargement. Retail AUM rose to Rs 5,368 crore as of March 31, 2024, from Rs 4,879 crore a yr earlier however declined to Rs 5,134 crore by September 30, 2024. In December 2024, the group divested a 7.14% stake in Nuvama Wealth Administration for Rs 1,769 crore
