Page 5 - Ncds

YES Bank promoter Rana Kapoor sells 1.8% stake to prepay NCD outstanding

In September 2017, YCPL headed by YES Bank Promoter Rana Kapoor had placed rated zero-coupon NCDs amounting to Rs 630 crore with Franklin Templeton

Muthoot Finance to raise Rs 1,000 crore via NCDs to fund business growth

The issue opens on September 27, 2019 and closes on October 25, 2019

Sebi eases FPI norms, approves changes in rules prohibiting insider trading

The easing of FPI norms comes at a time when overseas investors have pulled out over $3 billion from the domestic markets since the Union Budget

Samunnati raises $5 million from Dutch Development Bank, FMO

The investment was made through MASSIF, a Dutch government fund managed by FMO

NCD fundraising surges seven-fold to Rs 290 bn during April-Sept in FY19

Kosamattam Finance has taken the route twice to garner funds

Fund-raising via NCD drops 24% to Rs 29,328 cr in FY17

NCDs are loan-linked bonds that cannot be converted into stock

Companies raise Rs 29,000 crore via NCDs in FY17 so far

In FY16, firms had mobilised Rs 38,812 crore through the route