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STFC to raise Rs 20 bn via bonds
May 9, 2013May 9, 2013by In Infrastructure Finance

STFC to raise Rs 20 bn via bonds

Shriram Transport Finance Company (STFC) decided to raise Rs 2,000 crore by the way of non convertible debentures in 2013-14 in one or more tranches. The company said this while announcing earnings results for the entire financial year 2012-13. Its net profit rose 8 per cent to Rs 1,361 crore year on year during 2012-13