Indel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and close on August 31, with an option for early closure. Proceeds will fund onward lending, refinancing existing debt, and general corporate purposes.

Indel Money is set to pursue a remarkable fundraising initiative of up to five billion rupees within this month. This forthcoming public debt offering marks the company's most…

Indel Money aims to raise ₹500 crore through NCDs with attractive coupon rates, enhancing capital for credit demand.