Muthoot Microfin Raises Rs 250 Cr Through NCD Allotment
Two-year securities carry a 9.25 per cent annual coupon, with the microfinance lender seeking to diversify its liability mix and reduce borrowing costsMuthoot Microfin has raised Rs 250 crore through the allotment of listed, rated, secured and redeemable non-convertible debentures (NCDs) on a priva…