Business Standard

Can Fin Homes to mull NCD issue of Rs 2,525 cr on March 29

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Capital Market

The board of Can Fin Homes has decided to meet on Tuesday, 29 March 2022, to consider the issuance of non-convertible redeemable debentures (NCDs) worth Rs 2,525 crore, on private placement basis, in one or more tranches.

Can Fin Homes' net profit declined by 12% to Rs 115.69 crore on a 2% fall in net interest income to Rs 205.93 crore in Q3 FY22 over Q3 FY21.

Can Fin Homes is a housing finance company. The firm offers housing loan to individuals; housing loan to builders/developers, and loan against property. Its loan portfolio includes housing loans and non-housing loans.

Shares of Can Fin Homes gained 0.46% to Rs 604.85 on BSE.

 

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First Published: Mar 23 2022 | 3:15 PM IST

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