Muthoot Finance Offering 10% Interest on NCDs. Should You Invest?
Moneylife Digital Team 21 February 2019
Muthoot Finance, a non-banking finance company (NBFC) known for providing personal and business loans against gold or gold jewellery, plans to raise Rs750 crore through an issue of secured non-convertible debentures (NCDs). Subscriptions to the NCD commenced on 14 February 2019 and will end on 14 March 2019, or earlier, at the company’s discretion. The company is offering up to 10% coupon per...
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