10.40% Interest on ECL Finance NCDs. Should You Invest?
Moneylife Digital Team 05 November 2019
ECL Finance (ECLF), a non-banking finance company (NBFC), plans to raise Rs500 crore through the issue of secured non-convertible debentures (NCDs). The proposed NCD issue is the second tranche in a series of borrowings.
Subscriptions to the Tranche-II issue commenced on 4 November 2019 and will end on 22 November 2019, or earlier, at the company’s discretion. The debentures will...
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