Here is a list of Fixed deposits offered by some of the RBI registered Non Banking Financial Services.It is recommended to check credit ratings from credit rating agencies like ICRA, CARE,FITCH. NBFCs offer some what higher rate of interest with little more risks compared to bank fixed deposits. HDFC PLATINUM DEPOSITS: PERIOD(MONTHS) RATE OF INTEREST(%)compounded…
Power Finance Corporation launched Infrastructure Bonds:
Power Finance corporation launched secured ,Reedemable ,NCD form Infrastructure Bonds today.PFC is expecting to raise Rs.5300 Crore through its infra bonds. Issue opens for subscription on Feb 24 and closes on march.22. The Bonds may issued in one or more treanches. The bond issue is under section 80ccf of the income tax act ,whwrein an…
SBI Bond Issue 2011
After full to response to SBI Bond issue of 2010,SBI is set to issue a new bonds in Feb 2011. SBI Bond issue was oversubscribed in 2010. Some Details of this issue are as follow: Start Date : 21 Feb 2011. Closing Date : 28 Feb 2011 Allotment : First Come First Served Basis. Interest…