8.85% Interest on Tata Financial Services NCDs. Should You Invest?
Moneylife Digital Team 16 August 2019
Tata Capital Financial Services (TCFSL) plans to raise Rs4,126 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 13 August 2019, and will end on 23 August 2019, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 8.45%pa (per annum) and...
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