Before few months,there was a IPO wave and now it is replaced by NCDs.Today equity market is not doing well and investors are in search of something that can offer a good rate of returns on their investment.After Shriram Transport and currently ongoing IIFL ncd issue,Shriram City Union Finance NCD is on the way to…
NCD Issue: India Infoline Ltd (IIFL)
After a notable success of Shriram Transport Finance Issue,new NCD issue is going to hit bond market.India Infoline Investment Services Ltd has come up with a secured,convertible NCD issue.It is Non Banking Finance company and subsidiary of India Infoline Ltd. Holding of NCDs is possible only in demat mode. Issue will aggregate Rs. 375 Crore,with…
Deposit Insurance coverage:
Safety is always a prime factor for any investment.Whether it is a mutual funds or fixed deposits risk is always associated with any financial instrument.Though bank fixed deposits are considered to be of highest safety,credit risk is always there and risk of human errors is always there.But,bank deposits are insured upto extent of Rs 1…