Muthoot Finance Offering up to10% Interest on NCDs. Should You Invest?
Moneylife Digital Team 07 December 2019
Kerala-based Muthoot Finance Ltd plans to raise Rs790 crore from the public through an issue of secured non-convertible debentures (NCDs). Subscriptions to the tranche-4 issue of NCDs opened on 29 November 2019 and will end on 24 December 2019, or earlier, at the company’s discretion. The minimum coupon rate is 9.25%pa (per annum) and the maximum is 10%pa. The base size of the issue is...
Premium Content
This is a premium article. Your annual or monthly subscription will not give you access if it is outside your subscription period. You can buy it individually
Pay Per Article Gift An Article
Access will cover your subscription period. Archives not included. Articles outside the subscription period can be bought individually.
Yearly Digital Access Monthly Digital Access
Already a subscriber ? Log in
Free Helpline
Legal Credit