AUSFB-10.75%-5-1-29-PVTAUSFB-10.75%-5-1-29-PVTAUSFB-10.75%-5-1-29-PVT

AUSFB-10.75%-5-1-29-PVT

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1075AUSF29 analysis



Key facts


Issuer
Fincare Small Finance Bank Ltd.
Issue date
Jul 5, 2023
Maturity date
Jan 5, 2029
Outstanding amount
‪1.50 B‬INR
Face value
100,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
10.75% (Fixed)
Yield to maturity
9.38%
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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