Shriram Transport Finance Company (STFC) plans to raise Rs10,000 crore through the issue of secured, redeemable non-convertible debentures (NCDs). Subscription to the issue commenced on 17 July 2019 and will end on 16 August 2019, or earlier, at the company’s discretion. The NCDs are offering...
Indiabulls Consumer Finance Limited (IBCFL) plans to raise Rs1,000 crore from the public through an issue of secured redeemable non-convertible debentures (NCDs). Subscriptions to the tranche-2 of the NCDs will commence on 30 May 2019 and end on 21 June 2019, or earlier, at the company’s...
Investments that provide stable returns and safeguard the individual’s capital from market risks are the most pursued financial products by those who seek regular income. This is particularly true of those nearing retirement or already in retirement. However, not all types of...
ECL Finance (ECLF), a non-banking finance company (NBFC), plans to raise Rs300 crore through the issue of secured non-convertible debentures (NCDs). The proposed NCD issue will be the first tranche of a series of borrowings planned by ECL Finance.
Subscriptions to Tranche-I NCDs...
Fixed deposit rates in India are currently at a high, making it the best time to invest in the low-risk, fixed-interest option. As fixed deposit issuers adjust interest rates based on the repo rate, when it increases, borrowing finance becomes more expensive while investments become more...
