Sir, off late I keep hearing about alternate debt instruments, especially investing on "invoice discounting" platforms. Is that proven? Is that something Value Research would suggest to try with some surplus debt investment cash? Is there a risk? They are promising about 10 to 11 per cent IRR, as the company has to pay an interest of 12 per cent or so for discounting. - Sriram Ramanathan
This article was originally published on January 20, 2023.