Capital India Finance Ltd to provide corporate guarantee for subsidiary

Capital India Finance Limited ("Company") has on September 26, 2022, approved providing corporate guarantee for an amount not exceeding INR 10,00,00,000 (Indian Rupees Ten Crore only) in favour of ESAF Small Finance Bank Limited for securing the facility to be availed by Capital India Home Loans Limited, a material subsidiary of the Company.

The corporate guarantee issued will be the contingent liability in the books of the company.

Source : Equity Bulls

Keywords

CapitalIndiaFinance CorporateGuarantee ESAFSmallFinanceBank CapitalIndiaHomeLoans