Muthoot Finance Offering 10% Interest on NCDs. Should You Invest?
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...
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  • Indiabulls Consumer Finance: 11% Interest on NCDs. Should You Invest?
    Indiabulls Consumer Finance Limited (IBCFL), a fully-owned subsidiary of Indiabulls Ventures Limited, is a non-banking finance company (NBFC) engaged in providing personal loans of Rs50,000 to Rs3 lakh to consumers and business loans ranging between Rs10 lakh and Rs25 lakh to small- and medium-sized enterprises (SMEs). 
     
    The NBFC plans to raise a total of Rs3,000 crore from the...
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  • Manappuram Finance Is Offering 10.15% Interest on NCDs. Should You Invest?
    Manappuram Finance, a non-banking finance company (NBFC) mainly known for providing personal loans against gold or gold jewellery, has come out with the second tranche of its secured non-convertible debentures (NCDs) issue offering up to 10.15% interest per annum. Subscriptions to the NCD issue commenced on 28 January 2019 and will end on 27 February 2019, or earlier, at the company’s...
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