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Bandhan Bank to Sell INR 775 Crore Home Loan Portfolio to Arcil for INR 280 Crore
Bandhan Bank will sell its ₹775-crore affordable house loan portfolio to Avenue Capital-backed Arcil for ₹280 crore. A planned cash transaction by the bank addresses financial challenges for low-income households struggling to repay housing loans of ₹10-12 lakh.
- 28th Dec 2023
- 1354 Views
Coliving Operator Stanza Living Secures INR 425 Cr in Debt Financing Led by Kotak Mahindra and RBL Bank
Stanza Living, a coliving operator, recently confirmed that it has received Rs 425 crore in debt financing led by Kotak Mahindra Bank and RBL Bank for capital investment and commercial development in key cities of India.
- 27th Mar 2022
- 1539 Views