12.60% Fincare Small Finance Bank Limited - A Rated (INE519Q08020)

Fincare Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE519Q08020, with a face value of ₹1,00,000 rs on 29May17 to raise 25 crores. The debt instrument is issued with a coupon rate of 12.60% and its interest is paid Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 12.60% UNSECURED SUBORDINATED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 29/11/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Jun17. INDIA RATING AND RESEARCH PVT. LTD has given A rating to this Debenture on 10Apr19. This issuer is formerly known as DISHA MICROFIN LIMITED, DISHA MICROFIN PRIVATE LIMITED, BANAS FINLEASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.