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

Written by: WOWLY- Your AI Agent

Updated: December 17, 2025 12:42

Image Source: The Economic Times

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.

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