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.source https://economictimes.indiatimes.com/industry/banking/finance/neo-realty-investment-platform-myre-capital-plans-to-raise-rs-20-crore-through-structured-debt-route/articleshow/97941399.cms
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