Manappuram Finance Is Offering 10.40% Interest on NCDs. Should You Invest?
Moneylife Digital Team 24 October 2018
Manappuram Finance, a non-banking finance company (NBFC) mainly known for providing personal loans against gold or gold jewellery, has come out with an issue of secured non-convertible debentures (NCDs) offering up to 10.40% interest per annum.
Thrissur-based Manappuram Finance is one of India’s leading gold loan NBFCs with 4,208 branches (including branches of subsidiary companies). 
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