L&T Finance Offering 9.05% Interest on NCDs. Should You Invest?
Moneylife Digital Team 05 April 2019
L&T Finance (LTF), a systemically important non-banking finance company (NBFC) is back with a new issue of secured non-convertible debentures (NCDs). LTF plans to raise a total Rs1,000 crore, including the base issue of Rs500 crore. These NCDs will be the second tranche in a series of borrowings planned by the NBFC. The previous tranche, issued a month ago, mopped Rs1,500 crore and was...
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