10.50% Interest on IIFL’s NCDs. Should You Invest?
Moneylife Digital Team 07 August 2019
India Infoline Finance (IIFL Finance) plans to raise Rs1,000 crore from the public through the issue of secured and unsecured non-convertible debentures (NCDs). Subscriptions to tranche-2 of the issue of the NCDs commenced on 6 August 2019 and will end on 30 August 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 9.50%pa (per annum) and maximum...
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