Muthoot FinCorp launches ₹600cr NCD issue subscriptions open June 19
Business
Muthoot FinCorp just rolled out a ₹600 crore public issue of Non-Convertible Debentures (NCDs), each priced at ₹1,000.
Subscriptions open this Friday and run through July 3, 2026.
The money raised will help the company lend more and pay off old loans.
Muthoot FinCorp offers 8.84%-9.25% yields AA/Stable
They're offering annual yields from 8.84% up to 9.25%, with flexible tenures ranging from two to six years, pretty appealing if you're looking for steady returns.
Plus, they've scored strong AA/Stable ratings from CRISIL and BWR, so repayment looks solid and safe.