Updates: Shriram Transport Finance NCD 2011 Allotment: Shriram NCDs 2011 have been alloted in ratio of 10:3.Investors applied for Rs.2 lakh have received 138 NCDs while investors applied for Rs.5 lakh have received 55 NCDs.Most of the our investors have received the confirmation SMS from CDSL. Allotment status of Shriram transport finance NCD 2011 can…
Review Of IFCI Tier-2 Subordinated Bonds:Series-1
IFCI is launching Tier-2 subordinated bonds from 1 June 2011 on private placement basis.Demat account is mandatory to apply for the bonds. Investors should not confuse it with 80-CCF infrastructure bonds.This issue do not carry 80-ccf tax benefit. The bonds have tenure of 10 Years and 15 Years with coupon rate of 10.50 and 10.75%…
Interest Rates revision of Mahindra Financial Services Fixed Deposits:
Mahindra finance has revised fixed deposits of 36 months to 10.50% CAGR from 10%. Senior citizens will get 0.25% extra interest rate. Mahindra finance fixed deposits have highest credit ratings FAA which indicates the highest safety. If interested to invest call:paresh deshpande – 9225965529. for investor outside pune cheque should be at par. Options available…