10% Muthoot Finance NCD – Dec’15/Jan’16 – Should you Invest?

Muthoot Finance NCD – Dec'15/Jan'16 – Should you Invest? Muthoot Finance, the dominant player in Gold Loan Business has come out with public issue of non-convertible debentures (NCD) offering up to 10% interest rate. The issue opens today and closes on January 11, 2016. Muthoot Finance NCD – Significant Points: Offer Period: December 11, 2015 to January 11, 2016 Annual Interest Rates for Retail Investors: 9.25% […] Continue reading →

Historical Repo Rates in India

RBI Historical Repo Rates in India Repo (Repurchase) rate is the interest rate on which the banks borrow money from RBI (Reserve Bank of India) for their short term needs. These repo rates are fixed by RBI from time to time. Why is Repo Rate Required? Repo rate is one of the tools available with RBI to control the money flow in […] Continue reading →