10.60% Interest on Indiabulls Consumer Finance NCDs. Should You Invest?
Moneylife Digital Team 30 May 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 the tranche-2 of the NCDs will commence on 30 May 2019 and end on 21 June 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 9.95%pa (per annum) and maximum...
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