Poonawalla Fincorp approved to raise Rs 1,875 crore through the issuance of NCDs.The company's finance committee approved the issuance of 1,87,500 non-convertible debentures with a face value of Rs 1,00,000 each.The NCDs are proposed to be listed on BSE.Poonawalla Fincorp has launched its secured loans business for commercial vehicles.