SBI buys Rs 200 cr worth NCDs of Muthoot FincorpShaji Varghese, CEO of the company said the proceeds from the NCD issue will be utilised for onward lending, business operations and furthe...
26 Dec, 2023, 03.21 PM IST
Muthoot Fincorp plans NCD issue to raise Rs 400 crore"The Tranche I Issue with a face value of ₹1,000 has been open to the public from Friday, September 1 till Thursday, September 14, 2023, su...
05 Sep, 2023, 06.12 AM IST
Muthoot FinCorp announces 16th series of NCDs, offering up to 9.43% yield per annumThrough the issue, the company plans to raise an amount aggregating up to Rs 400 crore, which is within the shelf limit of Rs 1,100 crore.
04 Sep, 2023, 07.18 PM IST
Crisil upgrades rating of Muthoot FinCorpThe CRISIL rating upgrade underscores a high degree of safety regarding the timely servicing of the company’s NCDs (non-convertible debentu...
23 Mar, 2021, 12.40 PM IST
Muthoot Fincorp looks to close fiscal with 28% loan growthThe group also known as Muthoot Blue has four NBFCs -- Muthoot Fincorp which is into gold loans, Muthoot Capital, its listed entity which i...
22 Mar, 2021, 11.18 PM IST
Five companies garner Rs 882 crore via NCDs in April-JulyThe funds have been mopped up to strengthen balance sheets, which might have been impacted due to the coronavirus pandemic, retire existing...
31 Aug, 2020, 03.39 PM IST
Muthoot Fincorp expects 15-17 per cent growth in assets under management for FY20We disbursed close to Rs 27,000 crore last fiscal with over 90 per cent towards gold loan," COO Muthoot Fincorp Limited, Vasudevan Ramaswam...
28 Nov, 2019, 06.42 PM IST
Muthoot Fincorp’s NCD issue to offer up to 11.03%The issue has received a credit rating of “BWR A+” with stable outlook by Brickwork Rating.
30 Sep, 2019, 01.51 PM IST
NCDs of these companies will fetch you higher yieldsWith attractive interest rates on offer, investors can lock into higher yields. However, they should ascertain the credit profile of the co...
08 Apr, 2019, 10.14 AM IST
Companies garner 6,000 crore via NCD in current fiscal yearMost of the funds have been raised to support the working capital requirements and for other general corporate purposes.
21 Nov, 2014, 03.08 PM IST
Companies garner over Rs 5,000 crore via non-convertible debenturesIn comparison, firms had collectively raised close to Rs 10,846 crore via 10 issue in the April-October period of last fiscal (2013-14).
07 Nov, 2014, 04.50 PM IST
Don't be tempted by low-rated NCDs offering high interest, say expertsExperts are also uncomfortable with NCDs of companies which are unlisted. These issues are also small in size and, hence, suffer from poor ...
03 Oct, 2014, 05.59 AM IST
Non-convertible debentures in secondary market yield moreInvestors looking to invest in non-convertible debentures (NCDs) through the primary market currently have three options available.
13 Sep, 2014, 06.08 AM IST
Indian companies mop up Rs 2,443 crore via NCDs in JulyMost of the funds raised by the companies are for the purpose to support the working capital requirements as well as for other general corp...
11 Aug, 2014, 04.41 PM IST
Muthoot Pappachan Group makes maiden public issue of non-convertible debenturesIts maiden NCD issue will have a face value of Rs 1,000 each aggregating up to Rs 100 cr, with an option to retain over subscription.
02 Jul, 2014, 10.08 PM IST
Muthoot Fincorp announces its first public issue of NCDsMaking its entry into debt capital market Muthoot Fincorp Limited announced launch of its maiden public issue of Secured, Redeemable Non-Co...
02 Jul, 2014, 05.39 PM IST
When cash taps dry up, NBFCs turn to nonconvertible debenturesMuthoot Finance was the first to announce the issue of NCDs of face value of Rs 1,000 each for Rs 150 crore with a green-shoe option for an...
20 Aug, 2013, 11.40 AM IST