AUSFB-10.75%-9-2-29-PVTAUSFB-10.75%-9-2-29-PVTAUSFB-10.75%-9-2-29-PVT

AUSFB-10.75%-9-2-29-PVT

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Key terms


Outstanding amount
‪750.00 M‬INR
Face value
100,000.00INR
Minimum denomination
100,000.00INR
Coupon
10.75% (Fixed)
Coupon frequency
Monthly
Yield to maturity
9.36%
Maturity date
Feb 9, 2029
Term to maturity
4 years

About AUSFB-10.75%-9-2-29-PVT


Issuer
Fincare Small Finance Bank Ltd.
Sector
Finance
Industry
Regional Banks
Issue date
Aug 9, 2023
ISIN
INE519Q08186
Fincare Small Finance Bank Ltd. provides microfinance services. The firm provides microfinance products and services to rural, semi urban and urban women on a commercially sustainable basis. It operates through the following business segments: Treasury, Corporate/Wholesale Banking, and Retail Banking. The Treasury segment consists of the investment portfolio. The Corporate/Wholesale Banking segment includes all advances to companies and statutory bodies. The Retail Banking segment serves retail customers through the branch network. The company was founded by Keyur Doshi, Vivek Kothari, Soham Sanatbhai Shukla, and Sameer Yogesh Nanavati on April 5, 1995 and is headquartered in Bengaluru, India.
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