Tag: Fundraising

Fintech co Aye Finance aims to raise up to Rs 400 cr equity

Kolkata: Fintech lender Aye Finance is planning to raise Rs 350-400 crore equity as part of its business growth strategy for the next two years. This will be the first equity expansion by the company after the Covid-19 pandemic, chief executive Sanjay Sharma said. Just before the pandemic, it had raised Rs 210 crore. “Our current capital is adequate for this […]

HDFC Bank plans to raise funds via AT-1 bonds from overseas market

HDFC Bank on Monday said the bank plans to raise capital by additional tier- I (AT1) bonds in the overseas market to fund its business growth. The bank is expected to raise up to USD 1 billion from these dollar-denominated bonds. “We hereby inform you that the bank had approved the issuing of debt instruments in […]

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