Taxable
Tax Category
15 Dec, 2028
Maturity Date
(4 Yr 3 Mo 5 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
15 Jun, 2023
Allotment Date
NA
Put Date
15 Oct, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
Fincare Small Finance Bank Limited (FSFB) (erstwhile Disha Microfin Limited), is a small finance bank, which started its banking operations on July 21, 2017, post receipt of final licence from RBI on May 12, 2017. The bank has been accorded the scheduled bank status in March 2019. As on March 31, 2022, FSFB operates in 16 states and one Union Territory with 912 branches. As per directions of the Reserve Bank India (RBI), AU Small Finance Bank (AU SFB), India's largest SFB, announced the merger of Fincare Small Finance Bank (Fincare SFB) into AU SFB, effective 1st April, 2024.
The ratio in FY24 is 0.79x and in FY23 it was 1.21x, indicating decrease in debt levels due to decrease in the borrowing and the increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.28x and in FY23 it was 1.38x, indicating decrease in the debt servicing ability of the issuer due to increase in the Interest on Deposits which resulted in overall increase in finance cost in FY24.
Interest coverage ratio
Apr 05, 2024 | Fincare Small Finance Bank Limited
Apr 05, 2024 | Fincare Small Finance Bank Limited
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BOND VALUE DETAILS
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