This Kerala-based NBFC’s NCDs promise to double your money in 75 months. Should you invest?
ThisThiruvananthapuram-basednon-banking financial corporation (NBFC) has launched a fresh issue of secured redeemable non-convertible debentures, which will close on May 17. The face value of NCD is ₹1,000. The minimum application requires investors to invest 10 NCDs, i.e., 10,000, in multiples of ₹1,000. The issue is meant to raise ₹50 crore with an option to retain … Read more