10.50% Interest on Indiabulls Consumer Finance NCDs. Should You Invest?
Moneylife Digital Team 01 August 2019
Indiabulls Consumer Finance Limited (IBCFL) plans to raise Rs1,000 crore from the public through an issue of secured redeemable non-convertible debentures (NCDs). Subscriptions to tranche-3 of the issue of NCDs commenced on 31 July 2019 and will end on 30 August 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 9.81%pa (per annum) and maximum of...
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