Non-Convertible Debentures (NCDs) are debt instruments issued by companies to raise capital from the public or private investors. Unlike convertible debentures, NCDs cannot be converted into equity shares of the issuing company. They offer a fixed rate of return and are popular among investors seeking regular income with relatively higher yields than bank fixed deposits.
Everything You Need to Know About Non-Convertible Debentures in India
A comprehensive guide to NCDs as a fixed-income investment instrument, their types, taxation, risks, and how they compare to other debt instruments in the Indian market.
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