What is NCD? Should you invest in NCDs?
What is NCD? Should I invest in NCDs?
In recent past, you might have seen number of advertisements in newspapers / business news channels, where companies offering lucrative rate of interest for investment in their NCDs. Recent NCD Issues
Muthoot Finance Limited NCD
Religare Finvest Limited NCD
Mannapuram Finance Limited NCD
Shriram City Union Finance NCD
India Infoline Financial Limited NCD
Most of these NCDs were offering interest of 11-14% p.a
Lets understand what is NCD and whether you should invest in it.
What is NCD
Full form of NCD – Non Convertible Debentures
In simple words, debenture is an instrument by which company raises money from public for a specified duration and pays a fixed rate of interest. It is like taking loan from public at interest.
There a...