Meanwhile, Muthoot Fincorp's subscription begins on January 12.The proceeds from the issue will be used for interest payment on existing borrowings, further lending, business operations and expansion plans. Similarly, Muthoot Fincorp is looking at Rs 300 crore. These NBFCs include, Muthoot Fincorp, Kosamattam Finance,, and Edelweiss Financial Services.
Muthoot Fincorp's subscription begins on January 12th, with proceeds used for interest payments, lending, and expansion plans. Other NBFCs, including Kosamattam Finance and Edelweiss Financial Services, are also seeking funds.