Fedbank Financial Services Limited's Board of Directors has approved draft documents for a ₹200 crore Non-Convertible Debenture (NCD) issuance through private placement. The company plans to issue 20,000 secured, listed, rated, redeemable senior NCDs with a face value of ₹1,00,000 each and a tenure of 36 months. The debentures will be listed on the Bombay Stock Exchange (BSE). This issuance is part of a larger ₹2,500 crore fundraising initiative previously approved by the board and shareholders.
Fedbank Financial Services Approves ₹200 Crore NCD Issuance with 36
