FIXED INCOME


Moneylife Digital Team 29 March 2019
Kosamattam Finance Ltd (KFL), a systemically important non-banking finance company (NBFC), plans to raise Rs300 crore from the capital market through an issue of secured and unsecured non-convertible debentures (NCDs).    Subscriptions to the issue commenced on 29 March 2019 and will...

Read More



Moneylife Digital Team 06 March 2019
Non-banking finance companies (NBFCs) and corporates have resorted to structured deals to raise long-term funds, says CARE Ratings.    According to the note, structured notes market witnessed recovery in growth of issuances in the nine-months ended 31 December 2018 (9MFY19) after an...

Read More



Moneylife Digital Team 01 March 2019
L&T Finance (LTF), a systemically important non-banking finance company (NBFC) plans to raise Rs1,500 crore from the capital market through secured non-convertible debentures (NCDs). This issue of NCDs will be the first tranche of a series of borrowings planned by the...

Read More



IANS 22 February 2019
The Employees' Provident Fund Organisation (EPFO) board here on Thursday raised the interest rate on Employees' Provident Fund (EPF) by 10 basis points to 8.65 per cent for 2018-19. It will benefit around 5 crore people of the salaried class.   "In today's CBT meeting, the main agenda...

Read More



Moneylife Digital Team 21 February 2019
Muthoot Finance, a non-banking finance company (NBFC) known for providing personal and business loans against gold or gold jewellery, plans to raise Rs750 crore through an issue of secured non-convertible debentures (NCDs). Subscriptions to the NCD commenced on 14 February 2019 and will end...

Read More



Moneylife Digital Team 05 February 2019
Indiabulls Consumer Finance Limited (IBCFL), a fully-owned subsidiary of Indiabulls Ventures Limited, is a non-banking finance company (NBFC) engaged in providing personal loans of Rs50,000 to Rs3 lakh to consumers and business loans ranging between Rs10 lakh and Rs25 lakh to small- and...

Read More



Moneylife Digital Team 30 January 2019
Manappuram Finance, a non-banking finance company (NBFC) mainly known for providing personal loans against gold or gold jewellery, has come out with the second tranche of its secured non-convertible debentures (NCDs) issue offering up to 10.15% interest per annum. Subscriptions to the NCD...

Read More



Moneylife Digital Team 08 January 2019
Shriram Transport Finance Company (STFC) plans to raise Rs700 crore through the issue of secured non-convertible debentures (NCDs). Subscription to the issue commenced on 7 January 2019 and will close on 31 January 2019.    STFC is an NBFC (non-banking finance company) engaged mainly...

Read More



Moneylife Digital Team 03 January 2019
Mahindra & Mahindra Financial Services Limited (MMFSL) is planning to raise a total Rs3,500 crore through the issue of secured and unsecured non-convertible debentures (NCDs). Subscription to the issue will open on 4 January 2019 and stay open till 25 January 2019.    MMFSL is a...

Read More



Moneylife Digital Team 30 November 2018
NHAI is planning to raise Rs10,000 crore from retail investors through its latest bond offering. The borrowing plan is part of the ambitious Rs6.92 lakh crore plan of the Central government to build a slew of infrastructure projects like economic corridors, coastal roads, expressways...

Read More



R Balakrishnan R Balakrishnan 21 November 2018
A few weeks ago, I had discussed how and why the credibility of credit rating agencies has taken a knock, periodically, because their internal processes have been diluted and they are under pressure to earn more, quarter after quarter—an objective ill-suited for this business. What needs to...

Read More



Moneylife Digital Team 15 November 2018
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...

Read More



Moneylife Digital Team 24 October 2018
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...

Read More



R Balakrishnan R Balakrishnan 09 October 2018
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...

Read More



IANS 20 September 2018
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...

Read More



Moneylife Digital Team 20 September 2018
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...

Read More



Moneylife Digital Team 07 September 2018
Tata Capital Financial Services Limited (TCFSL) is a wholly-owned subsidiary of Tata Capital Limited (TCL), the financial services arm of the Tata group. TCFSL is a systemically important non-banking financial company (NBFC). It is offering its latest series of NCDs (non-convertible...

Read More



Nishant Vivek 24 August 2018
One way in which you can show your sister how important she is to you is by providing her with financial security. This Raksha Bandhan, take a step in this direction by gifting her investment option for women that will yield high returns over time, giving her access to a stream of...

Read More



Clinton Fernandes 19 July 2018
ECL Finance has planned a Rs2,000 crore issue of secured redeemable non-convertible debentures (NCDs)  amounting to Rs500 crore with an option to retain over-subscription up to Rs1,500 crore. The NCD issue has been rated “AA/Stable” by CRISIL and “AA with stable outlook” by...

Read More



Moneylife Digital Team 27 June 2018
Chennai-based Shriram Transport Finance Company, an asset financing non-banking finance company (NBFC), has come out with its biggest non-convertible debentures (NCD) issue. The total issue size is Rs5,000 crore and has been rated ‘CRISIL AA+/Stable’ by CRISIL and ‘IND AA+:Outlook Stable’ by...

Read More

Free Helpline
Legal Credit
Feedback