Home First Finance to raise $75 million from US Development Finance Corporation

The company is in the final leg of getting all the regulatory approvals from the US for the fundraise. The lender's marginal cost of borrowing for the funds raised during the quarter to March 31, 2024 was 8.7%. The average cost of borrowing for FY24 was 8.2%, up 80 basis points year-on-year.

from Stocks-Markets-Economic Times https://ift.tt/JQAOWPL