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IF OPERATORS CAN LIST HUDCO AT 970 AND THEY BREAK DOWN TO 939, THEY CAN BREAK DOWN REC TO 900 TOO. IN INDIA, NO REGULATORY AUTHORITIES ARE THERE?
NO BODY TAKES CARE OF INNOCENT INVESTORS. HUDCO LIKE COMPANY DEBENTURES ARE AVAILABLE AT 6 % DISCOUNT. TAXFREE INTEREST OF 8.35 CAN BE 12.03% . AT THE RATE OF 961,IT BECOMES 8.53% TAXFREE.
8.53 % TAXFREE IS 12.29% TAXABLE INT. FOR HIGHEST TAX PAYERS.