Moneyboxx Finance raises Rs 60 cr via NCD issuance
A energy transition development with market-wide reach.
· Business Standard Mkts
The NCDs carry a coupon of 10.75% per annum, a tenor of 2 years, and are secured/rated BBB/Stable by CRISIL/India Ratings. The fresh debt capital will support Moneyboxx's growing disbursement pipeline across its four growth engines secured MSME lending, livestock finance, rooftop solar finance and digital lending.
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
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