Following downward trend in Deposit rates few top most Non-Banking Finance Company have revised their deposit rates. Mahindra & Mahindra Financial Services – part of M&M Group :Company have major penetration in Rural areas and have diversified client base from Retail to SMEs.Most of the analysts believes that this company have transition potential from mid…
Positives Of Closed Ended NFOs:
As market is in uptrend,there are raining New Fund Offers – especially closed ended with period ranging from 03 to 05 years.At maturity investors have options like automatic withdrawal as per prevailing NAV or switch it to other fund of same AMC. Though prior experience of 2008 is not good,most of the AMCs believe that…
Muthoot Finance NCD Issue August2014 To Open On Aug18, 2014
Muthoot Finance – Non – Deposit taking Non-Banking Finance company,Leading Gold Loan company – have come up with issue of Non -Convertible Debentures – NCDs. Muthoot Finance will raise aggregate 400 Crore through this issue. NCDs will be listed on BSE and can offer liquidity to investors. Imp Date: Issue Open Date: August 18, 2014….