Taxable
Tax Category
26 Apr, 2030
Maturity Date
(5 Yr 6 Mo 15 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
26 May, 2023
Allotment Date
NA
Put Date
26 May, 2025
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
₹NaN
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
Fedbank Financial Services Limited is registered with the RBI as a systemically important non-deposit taking NBFC. It was incorporated in 1995 and received the license to operate as an NBFC in 2010. The company provides gold loans, LAP, business loans, personal loans, housing loans, loans to NBFCs and construction finance, it had a presence in 12 states/UTs with a network of 301 gold branches, 59 SME finance hubs and 2,130 employees.
The ratio in FY24 is 7.41x and it was 9.08x in FY23, indicating decrease in debt levels due to increase in the company's net interest income (NII) increased by 27.0% YoY during the fiscal. Consequently, net interest margins (NIM) witnessed a growth and stood at 100.5% in FY24 as against 95.0% in FY23.
Debt/EBITDA
The ratio in FY24 1.48s x and it was 1.51x in FY23, indicating decreased debt servicing ability, due to increase in Interest on borrowings (other than debt securities) which led to overall increase in finance cost.
Interest coverage ratio
Mar 27, 2024 | Fedbank Financial Services Limited
Aug 30, 2024 | Fedbank Financial Services Limited
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