Edelweiss Financial Services Is offering 9.95% Interest on NCDs. Should You Invest?
Edelweiss Financial Services (EFL), a financial services conglomerate, has issued non-convertible debentures (NCDs) paying up to 9.95%pa (per annum). The financial services firm plans to raise Rs200 crore from the sale of its NCDs.
The NCDs will pay a minimum 9.35%pa and maximum 9.95%pa as coupon or effective yield on the NCDs.
Subscriptions to the NCD commenced on 23...