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Latest Articles in Indel Money

Indel Money Partners With Indusind Bank

IndusInd Bank will take into its book 80% of the gold loan generated by the co-lending arrangement while the remaining 20% will be funded by Indel Money.

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Indel Money Announces Public Issue Of Rs.150 Cr of Secured, Unsecured NCDs

The Secured and Unsecured NCDs come with a face value of Rs.1,000 each. The issue includes a Base Issue Size for an amount of up to Rs. 75 crore with an option to retain oversubscription up to Rs. 75 crore aggregating up to Rs.150 crore. The Lead Manager of the Issue is Vivro Financial Services.

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Gold Loan Player Indel Money Scouting For PE Funds

The impact of his long-term loan offering forced entrenched biggies like the Muthoot groups and of late Manappuram Finance to follow it, moving away from their standard three months tenor.

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