Student finance: Crunch the numbers cleverly

University Clearing helplines will refer students once they’ve discussed courses available, and before they have confirmed their offer or made a provisional offer will refer them on to student services, usually by transferring the call. In this way, the student is armed with as much information as possible to make an informed decision. Parents are an important factor in the conversations and some universities have set up dedicated parents’ helplines. “Every student tends to be in a different situation,” says Kathryn Rees, operations manager for the University of South Wales.

Muthoot Finance files draft paper with Sebi to raise Rs 300 cr

The NCD issue aims at aggregating up to Rs 150 crore with an option to retain over-subscription of up to Rs 150 crore, as per draft prospectus filed with Sebi showed. “Public issue by our company of NCDs aggregating up to Rs 1,500 million with an option to retain over-subscription up to Rs 1,500 million for issuance of additional NCDs aggregating to a total of up to Rs 3,000 million,” it added. Funds raised through this issue would be used for financing activities, including lending and investments, besides utilising them to repay existing loans, capital expenditure plans and to meet working capital requirements, the company said. ICICI Securities is the lead managers to the issue, while Link Intime India is registrar to the issue. Muthoot Finance, is one of the largest gold financing company in India, with a market share of over 20 per cent as of March 31, 2012.

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