ISSUE: RURAL ELECTRIFICATION CORPORATION LIMITED Bonds (REC TAX FREE Bonds). Issue Opening Date: March 6, 2012 Issue Closing Date: March 12, 2012 Interest Rate: 8.12% annually. Allotment Basis: First-come-First-serve basis. ISSUER RECL RECL Issue Structure Secured, NCD, Listed in NSE BSE Secured, NCD, Listed in NSE BSE Issue Size Rs.3000 cr. Credit Rating AAA by CRISIL & [...]
India boasts the second fastest growing economy in the world and is a great place for NRI’s to seek new investment opportunities. For beginner investors, the idea might be a bit daunting but a great place to start your research is the Indian annual budget. In March, the Indian government released their annual budget, which [...]
Indian financial planning has come a long way since the days when the gigantic huffing and puffing public sector corporations ruled the roost and a lot of non resident Indians are exploiting the full potential of this strategy through some investment advising. It was the era of large government run companies that scarcely made profits [...]
Having one of the most vibrant stock markets in Asia, ways to invest in India are what most investors the world over are looking for. But before you take the decision to plough your funds into India, you need to check out the laws that are prevailing in your country and the investment regulations in [...]
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