The secured NCDs have been assigned A rating with a Stable outlook by Crisil Ratings. The issue will come with tenors of 18, 27, and 36 months and offer effective yields of 10.47-11.19% per annum.
India Business News: Indel Money Limited, a gold lending NBFC, has launched fourth public issue of secured NCDs with face value of Rs 1000 apiece. The issue begins on Tues
A non-convertible debenture could be secured but retail investors may not be the first in line for a claim if the company goes bust. Invoice discounting is even riskier. Understand the hidden costs in these investments before you commit your money