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Get Ready for Shriram Transport Finance AA+Rated NCD
Shriram Transport Finance NCD
Opens 2nd July, 2014
COUPON RATE »
Individuals (Retail and HNI):
11.00% p. a. for 3 years,
11.25% p. a. for 5years
11.50% p.a. for 7 years
Monthly interest payout option available for 5 years and 7 years,
Coupon for Others »
9.85% p. a. for 3 years,
10.00% p. a. for 5 years
10.15% p.a. for 7years.
Senior Citizens (only first Allottee) shall be entitled to get an additional
yield at the rate of 0.25% p.a.
NCDs are proposed to be listed on NSE and BSE.
Allotment will be on a First Come First Serve Basis,
For more info please call.
Thanking you
Regards,
Rajesh Kumar Kathpalia ¤ SMC Global
17,Netaji Subhash Marg,Daryaganj,
New Delhi-110002 Mobile No 9891645052
Email Id: rajesh.ipo@smcindiaonline.com
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Expect market to consolidate around current levels over next 2-3 months: Mahesh Patil, Birla Sunlife MF
In an interview with ET Now, Mahesh Patil, Co-Chief Investment Officer, Birla Sunlife Mutual Fund, shares his views on the credit policy, rate cut, markets and a few sectors. Excerpts:
ET Now: From a money manager's point of view, would you call RBI monetary policy hawkish, dovish or a balanced one?
Mahesh Patil: In terms of the announcement, it was pretty much in line with market expectations. The cut in interest rates would probably take some more time to come in. So on that basis compared to the earlier policy, it was slightly hawkish.
But, as we observe inflation trends, they are showing signs of cooling off. Even global commodity prices have weakened. So, inflation trajectory should be moving down. The only event is the hike in interest rate by the US and post that one would see the RBI taking any form of action on interest rates.
ET Now: How prolonged could this pause be from RBI on the rate front? In the worst case scenario, could it go beyond the second half o...
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