🏠 Can Fin Homes Gets Board Nod to Raise ₹5,000 Crore

Can Fin Homes has received board approval to raise up to ₹5,000 crore through various debt instruments, including bonds, non-convertible debentures (NCDs), Tier-II bonds, and Residential Mortgage-Backed Securities (RMBS). The proposal is subject to shareholder approval at the upcoming AGM. The fundraise is expected to strengthen the housing finance company's lending capacity and support future business growth. As a leading affordable housing finance player, Can Fin Homes provides loans for home construction, property purchase, plot acquisition, and related housing needs. The move signals management's confidence in sustaining loan book expansion amid rising housing demand. 📈🏡