Fedbank Financial Services Limited (FEDFINA) has announced the approval of the draft General Information Document (GID) and Key Information Document (KID) for the proposed issuance of Non-Convertible Debentures (NCDs). This issuance, on a private placement basis, is for secured, listed, rated, redeemable, senior NCDs with an aggregate nominal value of up to ₹200 crore (20,000 debentures, each with a face value of ₹1,00,000). The NCDs will have a tenure of 36 months and are proposed to be listed on the Bombay Stock Exchange (BSE). The Board of Directors approved these documents via a circular resolution on December 21, 2025. This follows previous approvals for an NCD issuance of up to ₹2500 crore, with shareholders having granted their approval for issuance on a private placement basis not exceeding ₹2,500 crore on September 29, 2025.