10.50% Interest on IIFL’s NCDs. Should You Invest?
India Infoline Finance (IIFL Finance) plans to raise Rs1,000 crore from the public through the issue of secured and unsecured non-convertible debentures (NCDs). Subscriptions to tranche-2 of the issue of the NCDs commenced on 6 August 2019 and will end on 30 August 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 9.50%pa (per annum) and maximum...
