JM Financial Credit Solutions Limited (JMFCSL) is offering up to 10.25% interest per annum (pa) on its latest secured non-convertible debentures (NCDs). The latest NCDs are the second tranche of the two-tranche borrowing planned by the company.   NCDs will be issued on a...

Manappuram Finance, a non-banking finance company (NBFC) mainly known for providing personal loans against gold or gold jewellery, has come out with an issue of secured non-convertible debentures (NCDs) offering up to 10.40% interest per annum.   Thrissur-based Manappuram Finance is...

After the deep mess in which Infrastructure Leasing & Financial Services (IL&FS) has landed, everybody’s attention is back on credit ratings. The rating agencies have been accused of deteriorating financials of IL&FS. Whether or not we know much about the functions of rating agencies, it does...

The government on Thursday raised the interest rates on small saving schemes, including National Savings Certificates (NSCs), Public Provident Fund (PPF) and Kisan Vikas Patra (KVP), for the third quarter of the fiscal (October-December).   A Finance Ministry notification said that...

Hawkins Cookers Limited has restarted its unsecured fixed deposits (FD) scheme delivering up to 10.75%pa (per annum) interest. The investment scheme started on 18 September 2018 and will remain open until 30 September 2019 or up to the company’s next annual general meeting, whichever is...