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Clix Capital planning to raise upto Rs 2,500 cr through debentures

The company would raise funds through private placement of debentures in one or more tranches. It, however, did not elaborate on the purpose of raising funds.

Topics
Clix Capital | Lakshmi Vilas Bank | non-convertible debentures

Abhijit Lele  |  Mumbai 



debt, money, loans, invest, income, mutual fund, MF, investment, bad loans, debenture,
LVB is an ailing small private bank under Reserve Bank of India’s Prompt Corrective Action (PCA) regime.

Clix Capital, which is in discussions with (LVB) for a possible merger, is planning to raise upto Rs 2,500 crore through debentures.

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First Published: Sun, October 04 2020. 18:42 IST

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