Get ready for debentures with 13% interest

After a six-month dry spell, retail investors may see a barrage of public debenture issues in the next couple of weeks, as non-banking finance companies sense huge appetite among retail investors after the success of the Rs 600-crore issue of Shriram Transport Finance Company. Religare, India Infoline, Muthoot Finance and Shriram City Union may come to the market in the next two weeks with issues offering returns of up to 13% and with tenors of three to six years.


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