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ICL Fincorp to launch ₹100 crore NCD issue offering 12.62% effective yield
The issue has a base size of Rs 50 crore and a green-shoe option of Rs 50 crore. The instruments are rated BBB- by domestic rating agency Crisil
ICL plans to open 24 branches in Telangana, AP by year-end
ICL now has 42 branches across Kerala and Tamil Nadu and plans to expand its portfolio from 100 branches in the current financial year