Up to 9.75% Interest on Shriram City’s NCDs. Should You Invest?
Shriram City Union Finance Ltd (SUCF), a systemically important non-banking finance company (NBFC) plans to raise a total Rs750 crore secured, redeemable non-convertible debentures (NCDs). The NCD issue will be the first tranche of a series of borrowings planned by the NBFC.
Subscriptions to the Tranche-I of the issue will start on 5 April 2019 and end on 3 May 2019, or earlier,...