Neo-realty investment platform MYRE Capital Plans to raise Rs 20 crore through structured debt route

The invested corpus will go to a CRISIL rated, RBI-registered, financial institution, which is engaged in disbursing loan against property to retail investors in semi-urban and rural geographies in South India. The entire corpus will be secured by collateral cover maintained above 1.5x of receivables.

from Banking/Finance-Industry-Economic Times https://ift.tt/mw9yCof