L&T Finance Ltd Is Offering 8.65% Interest on NCDs. Should You Invest?
Moneylife Digital Team 13 December 2019
L&T Finance Ltd (LTFL), a systemically important non-banking finance company (NBFC) is offering secured non-convertible debentures (NCDs). LTFL plans to raise a total Rs1,500 crore wherein the base issue size is Rs500 crore. The NCD issue is the third tranche of a series of borrowings planned by the NBFC. 
 
Earlier tranches got a tremendous response and were oversubscribed on the first day...
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