Multinational paints maker Asian Paints will announce its December quarter earnings on Wednesday along with 21 other companies. Among other important results that are likely to be tracked closely today include those of LTIMindtree, ICICI Prudential Life Insurance Company and IIFL Finance. On Tuesday, HDFC Bank, Federal Bank and Bank of Maharashtra (BoM) announced their …
IIFL Samasta Finance, a non-banking microfinance company (NBFC-MFI) in India, will raise funds amounting to ₹1,000 crore through its inaugural public offering of secured bonds. The objective behind this fundraising initiative is to support business expansion and bolster capital resources. These bonds present an interest rate of up to 10.50% and assure a high level …
Kolkata: IIFL Finance’s microfinance subsidiary IIFL Samasta Finance is all set to hit the market with to raise Rs 1000 crore in its maiden public bond issue at 9.6-10.5% interest rate.One of the leading NBFC-MFI with Rs 12200 crore of assets under management, IIFL Samasta plans to use the proceeds to fund its growth and …
Brokerage firm Jefferies downgraded BPCL while Morgan Stanley maintained an overweight rating on HDFC Bank. HSBC initiated a buy rating on IIFL Finance and Axis Securities recommended a buy on Hindalco Industries. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on oil & gas sector: BPCL, …