Category: NCD

NCD stands for non-convertible debentures. NCD’s are fixed income instruments. NCD are used as a tool to rise long term fund by companies though a public issue. NCDs offer various other benefits to the owner such as high liquidity through stock market listing, tax exemptions at source and safety since they can be issued by companies which have a good credit rating as specified in the norms laid down by RBI for the issue of NCDs. In India, usually these have to be issued of a minimum maturity of 90 days.

Kosamattam Finance Limited NCD

November 7, 2019May 10, 2021 AMAN KUMAWAT

Incorporated in 1987, Kerala based Kosamattam Finance Limited is a non-deposit taking NBFC and works as a gold loan provider against the household gold jewellery across some states in India. The company has a reach in Union Territory of Puducherry, Maharashtra, Delhi, Andhra Pradesh, Karnataka, Telangana, Gujarat, Tamil Nadu, and Kerala. Kosamattam Finance Limited is registered with RBI as an NBFC and also has a Full-Fledged Money Changers (FFMC) license valid till 29th Feb 2020. The company also holds a certificate of registration to work as a Depository Participant and…

ECL Finance Limited NCD

October 31, 2019May 10, 2021 AMAN KUMAWAT

Incorporated in 2005, Mumbai based ECL Finance Limited is a leading systemically important non-deposit taking NBFCs. The company is a part of the Edelweiss Group, one of India’s prominent financial services organization. The company is focused on offering a wide range of secured corporate and retail loan products to corporates, SMEs and individuals. The company’s loan product portfolio includes- Structured Collateralised Credit Wholesale Mortgages SMEs and others Loans against securities Retail Mortgages Agri Credit ECL’s income from operations grew at a CAGR of 39.32% from Rs 8,122.76 million in 2014…