Public Issue, NCDs Last Resorts For NBFCs To Raise Funds: Prime Database
  • WebDesk BTVI
  • Aug 28 2019

Pranav Haldea, Managing Director of Prime Database, said non-banking financial companies (NBFCs) used to rely on bank funding for most of their funding in the past but now public issue and NCDs have become the last resorts for them to raise funds. Public and NCD issue are normally very expensive for NBFCs to raise funds. Here's more.