STOCKWATCH
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Non Banking Financial Company (NBFC)
Investment14 Jan 2025, 04:17 pm

Moneyboxx Finance onboards 3 new lending partners, raises INR 1.32 billion in debt capital during Q3 FY25

AI Summary

Moneyboxx Finance Limited, a BSE-listed Non-Banking Finance Company, has announced sanction of a term loan of INR 500 million from three new lending partners: Indian Overseas Bank, Bajaj Finserv Limited, and Nabkisan Finance Limited in Q3 FY25. Additionally, INR 820 million was raised from existing lending partners. The company has raised over INR 10 billion debt to date and has 160 branches as of December 31, 2024, spanning 12 states in north and south India. The forward-looking statements in this document are not guarantees of future performance and involve risks and uncertainties.

Key Highlights

  • Moneyboxx Finance onboards 3 new lending partners
  • Raised INR 500 million from new lending partners
  • Raised INR 820 million from existing lending partners
  • Total debt raised to date is over INR 10 billion
  • 160 branches as of December 31, 2024, spanning 12 states in north and south India
MONEYBOXX
Non Banking Financial Company (NBFC)
Moneyboxx Finance Ltd

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