×
Register Now for Loan From Home!

News

Muthoot FinCorp to raise up to Rs300 crore

17-Sep-2014

Muthoot FinCorp to raise up to Rs300 crore

Mumbai: Gold loan financier Muthoot FinCorp Ltd on Monday said it will raise up to 300 crores by selling non-convertible debentures to individual investors.

The minimum amount of investment is 10,000 and the firm will offer schemes in various maturities ranging from 400 days to 72 months, the company said in a press release.

The interest rate will be 10.25-12.25% per annum. “The funds raised through this issue will be utilized by the company for building up of loan portfolio,” Muthoot FinCorp said.

The Kerala-based non-banking finance company also offers money transfer, foreign exchange, insurance, and wealth management services, besides gold loans.

Originally Posted on: Livemint Logo

whatsapp
Hi there! How can we help you? Tap here to chat with us.
ankara escort çankaya escort çankaya escort escort bayan çankaya istanbul rus escort eryaman escort ankara escort kızılay escort istanbul escort ankara escort ankara escort escort ankara istanbul rus Escort atasehir Escort beylikduzu Escort Ankara Escort malatya Escort kuşadası Escort gaziantep Escort izmir Escort