- Financial services company Navi Finserv is raising up to Rs 500 crore via secured, redeemable non-convertible debentures (NCDs) issue.
- The public NCD offering allows investors a choice of five investment options with varying durations, and the distributions vary among investor categories.
- Navi Finserv reported a 31% revenue growth with a profit of Rs 22.91 crore in Q1 FY23, reversing the prior quarter’s loss.