NCDs are a very popular option with investors as they offer interest rates higher than bank fixed deposits.
In the last 10 days or so, at least five companies have issued non-convertible debentures(NCD). NCDs are a very popular option with investors as they offer interest rates higher than bank fixed deposits.
But the non-banking finance companies at large are still facing a liquidity crunch. So are these NCDs worth your while or are you better off putting your money in banks? Or perhaps even debt funds?Sakshi Batra speaks to Moneycontrol’s Personal Finance Editor, Kayezad Adajania to find out.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.