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Northern Arc Capital raises Rs 200 crore from the Dutch development bank

Coimbatore: Non-banking financial company (NBFC) Northern Arc Capital has raised Rs 200 crore from the Dutch development bank FMO through an issuance of rupee-denominated non-convertible debentures (NCDs). The NCDs, issued in two tranches of Rs 100 crore each, are rated A+ by ICRA. One tranche has been structured as a “green bond” and will be […]

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