The $850 million private credit facility from Standard Chartered Bank, which carries a high interest rate of 18%, is secured against future brand fee receivables. These brand fees, projected at around $300 million annually, help VRL with a recurring revenue stream that partially services this private credit.
64% women investors with less than Rs 5 lakh income prefer SIP in mutual funds. Check details
Women investors in India are increasingly choosing systematic investment plans for mutual fund investments. Data shows that 64% of women with annual income below Rs