Muthoot Finance, the dominant player in Gold Loan Business has come out with public issue of non-convertible debentures (NCD) offering up to 10.00% interest rate. The issue would open on February 14, 2019. Muthoot Finance NCD – Significant Points: Offer Period: February 14 to March 14, 2019 Annual Interest Rates for Retail Investors: 9.25% to 10.00% depending on […] Continue reading →
Indiabulls Consumer Finance Limited has come out with latest NCD (non-convertible debentures) offering up to 11% interest rate. The issue opens on February 4 and closes on March 4 , 2019. Indiabulls Consumer Finance Limited (IBCFL),formerly IVL Finance Limited is a non-deposit taking NBFC registered with the Reserve Bank of India and is a 100% subsidiary of Indiabulls […] Continue reading →
Government of India has launched the Series VI for FY 2018-19 of Sovereign Gold Bonds from February 4 to 8, 2019. This is the last launch for FY 2018-19. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, […] Continue reading →
Manappuram Finance Limited has come out with latest NCD (non-convertible debentures) offering up to 10.15% interest rate. The issue opens on January 28 and closes on February 27 , 2019. Manappuram Finance Ltd is one of the major non-banking financial company in the gold finance business situated in Thrissur, Kerala. It has over 3200+ branches across 25 states, […] Continue reading →
India Infoline Finance Limited (IIFL Finance) was incorporated in 2004 under the flagship of IIFL Holdings Limited and presently offers small-ticket loan products to retail borrowers, delivered through a pan India branch network of 1,755 branches and digital channels. It has come out with public issue of non-convertible debentures (NCD) offering up to 10.50% interest […] Continue reading →
Shriram Transport Finance Company Ltd, one of the largest asset financing non-banking finance companies for commercial vehicles has come out with public issue of non-convertible debentures (NCD) offering up to 9.70% interest rate. The issue opens on January 7, 2019 and closes on January 31, 2019. Shriram Transport Finance NCD – Significant Points: Offer Period: January […] Continue reading →
Taxation plays a very important role in the returns generated by your investment and so you should know how the investment is taxed before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments: 1. Saving Bank Account: Interest earned in Saving bank account up to Rs […] Continue reading →
Mahindra & Mahindra Financial Services Ltd, a leading rural non-banking financial company has come out with public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. The issue opens on January 4, 2019 and closes on January 25, 2019. Mahindra & Mahindra Financial Services NCD – Significant Points: Offer Period: January 4, 2019 to […] Continue reading →
SREI Equipment Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.75% interest rate. The issue opens on December 19, 2018 and closes on January 18, 2019. SREI Equipment Finance is joint venture of SREI and BNP Paribas and deals with financing of Infrastructure equipment in organized sector. SREI Equipment […] Continue reading →