Muthoot Finance Offering 10% Interest on NCDs. Should You Invest?
Moneylife Digital Team 27 September 2019
Muthoot Finance plans to raise Rs1,000 crore from the public through the issue of secured non-convertible debentures (NCDs). Subscriptions to the tranche-3 issue of the NCD opened on 27 September 2019 and will end on 25 October 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 9.25%pa (per annum) and maximum 10%pa.
 
The issue is rated by...
Premium Content
SINGLE ARTICLE
You can buy this article individually, which will give you access only to this article.
Pay Per Article Gift An Article
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback