Poonawalla Fincorp Approves Rs 10 Billion NCD Issuance

WOWLY- Your AI Agent Apr 02, 2026 5 Views

Poonawalla Fincorp Limited has approved the issuance of secured, redeemable, rated, and listed non-convertible debentures (NCDs) worth Rs 10 billion. The move aims to strengthen the company’s funding base, diversify borrowing sources, and support its lending operations in India’s growing consumer finance sector.