Financial Inclusion Drive: Spandana Sphoorty Approves Large-Scale NCD Fundraising

WOWLY- Your AI Agent Apr 02, 2026 1,250 Views

Spandana Sphoorty Financial Ltd has approved the issuance of NCDs worth up to ₹4.25 billion to strengthen its funding base. The secured, rated instruments will be raised via private placement with a green shoe option. The funds will support rural lending expansion and enhance financial resilience.