Muthoot Finance – the largest Gold Loan company from India has come up with an NCD issue in Dec-2013 which will open on Dec27,2013 for subscription.Muthoot Finance will raise Rs. 250 crore with an option to retain over subscription of same amount aggregating to 500 Crores. Imp Dates: Issue Open Date:Dec 27, 2013. Issue Close…
Tax Free Bonds 2013-2014 : NHB Tax Free Bonds Dec 2013:
NHB – National Housing Bank – constituted under parliament act in 1987 and it is wholly owned by Reserve Bank Of India. NHB has come up with an issue of Tax Free Bonds and issue intends to Raise Rs.1000 crore with option to retain an oversubscription till Green shoe of Rs 2100 crore. Imp…
Details- Inflation Indexed National Saving Bonds / Securities Dec-2013.
Govt Of India have decided to launch Inflation indexed Saving bonds to retail investors considering the erosion of saving due to inflation and investors more inclination towards Gold which is generally considered to be hedge against inflation. Details of Inflation Indexed National Savings Securities- Cumulative, 2013 are as follows: As word cumulative indicates,principal and interest aggregate…