Kerala-based Muthoot Finance Ltd (MFL) plans to raise Rs4,000 crore from the public through an issue of secured non-convertible debentures (NCDs). Subscriptions to tranche-1 issue of the NCDs for Rs2,000 crore (out of the total shelf limit of Rs4,000 crore) open on 27 October 2020 and will...
India’s second real estate investment trust (REIT) is all set to launch next week. The initial public offering (IPO) of Mindspace Business Parks REIT, owned by K Raheja group and Blackstone (a global private equity firm), will open on 27th July and close on 29th July, hoping to raise Rs4,500...
As interest rates on bank fixed deposits (FDs) go below 6%, those looking to earn high returns are moving to non-traditional avenues such as company deposits. Some companies are allowed to raise capital through borrowing directly from retail investors. We will discuss the FDs offered by three...
There are two new safe investment products launched in the market for retail investors. These are the short-term and long-term Bharat Bond exchange traded funds (ETFs) and the Floating Rate Savings (FRS) Bonds, 2020.
Both the instruments are safe investments. The Bharat Bond ETFs...
The Indian government has reduced the interest rates on small savings schemes by 70 to 140 basis points (bps) for April-June quarter of 2020.
In a notification, the department of economic affairs (DEA), says, public provident fund (PPF) interest rates in the June...
