Aditya Birla Finance set to raise Rs 5,000 crore through debentures

Aditya Birla Finance plans to raise Rs 5,000 crore via debentures to support growth of 15-17 per cent over three years.

The entity expects to increase share of SMEs and the retail segment to 65 per cent from 60 per cent in December 2020.

Sister concern Aditya Birla Housing Finance is planning to raise Rs 1,140 crore using non-convertible debentures. Both are subsidiaries of BSE-listed Aditya Birla Capital.