IIFL NCD Issue: Double in 6 years

India Infoline (IIFL), one of the largest equity broking company in India, is proposing the following NCD issue to be listed on NSE and BSE for a tenure of 6 years. Under cumulative scheme Rs.1000 invested would accumulate to Rs.2054, more than double in 6 years. Investors who are looking for safe but higher than banks FDs return can consider applying for the issue.

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