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NBFC News
L&T Infra to raise Rs 1,100 cr via tax-saving infrastructure bonds L&T Infrastructure, the infrastructure-financing arm of L&T Financial Holdings, will be looking to raise a total of Rs 1,100 crore via issue of tax-saving infrastructure bonds, this financial year. The non-banking financial company (NBFC) will be issuing the first tranche of the bonds from November 25 and will try to raise the entire amount in one go. "These bonds are a source of steady cash flow.
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Q&A: Ramesh Iyer, MD, Mahindra Finance
Mahindra Finance, with Rs 17,000 crore of assets under management, has registered robust loan growth of 35 per cent over the last six months, even amidst the rising interest rates. Managing
Lords of poverty struggle to survive
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