11.30% Fincare Small Finance Bank Limited - AA Rated (INE519Q08137)

Fincare Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE519Q08137, with a face value of ₹1,00,000 rs on 22Mar18 to raise 38 crores. The debt instrument is issued with a coupon rate of 11.30% and its interest is paid Semi Annually. 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 11.30% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEDEBENTURES. SERIES FINCARE/NCD/S001. DATE OF MATURITY 22/06/2024. 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 20Apr18. INDIA RATING AND RESEARCH PVT. LTD has given AA 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.