ECL Finance Offers 10.40% Interest on NCDs. Should You Invest?
Moneylife Digital Team 09 May 2019
ECL Finance (ECLF), a non-banking finance company (NBFC), plans to raise Rs300 crore through the issue of secured non-convertible debentures (NCDs). The proposed NCD issue will be the first tranche of a series of borrowings planned by ECL Finance.
Subscriptions to Tranche-I NCDs will commence on 10 May 2019 and will end on 7 June 2019, or earlier, at the company’s discretion....
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