HomeNewsBusinessCompaniesIIFL to deploy NCD proceeds in NBFC business, says MD

Trending Topics

Sensex Live

Groww IPO Allotment Live

Lenskart share price

Upcoming IPOs

Gold Rate

IIFL to deploy NCD proceeds in NBFC business, says MD

Talking about the first retail bond offering from IIFL, managing director R Venkataraman told Moneycontrol.com’s Chikita Kukreja that the proceeds would majorly be deployed towards the group’s non-banking and financial services (NBFC) business.

August 02, 2011 / 21:07 IST

Story continues below Advertisement

Your browser doesn't support HTML5 video.

Chikita Kukreja
moneycontrol.com

Only recently, brokerage firm IndiaInfoline announced that it is coming out with a Rs 750-crore non-convertible debenture (NCD) issue. This includes an issue of secured redeemable non-convertible debentures is of Rs 375 crore with a green-shoe option of Rs 375 crore. Talking about the first retail bond offering from the group, managing director R Venkataraman told Moneycontrol.com that the proceeds would majorly be deployed towards the group

TAGS: #Business #IIFL #NCD #R Venkataraman

first published: Aug 2, 2011 01:11 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On:

instagram

youtube

News

Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New

Features

Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube

Tools

SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4

Specials

PowerYourTrade Master Your Money Game Changers

Network 18 Sites

News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18

Personal Finance

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator

Quick Links

About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.