Non-Convertible Debentures
Recently, several companies, including IIFL Home Finance, Indiabulls Housing Finance and Edelweiss Financial Services, have announced public issues to raise funds through non-convertible debentures (NCD), offering interest rates between 8.25–9.7%.
What are Debentures?
- Debentures are a sort of long-term debt instrument that does not have any collateral backing them up.
- In other words, debentures are not secured or have no security. Debentures, along with bonds, are one of the most common types of debt securities.
About Non-convertible Debentures (NCD)
- These are fixed-income instruments, usually issued by high-rated companies in the form of a public issue to accumulate long-term capital appreciation.
- They ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Centre Launches White Revolution 2.0
- 2 Centenary Celebration of ICAR- NISA
- 3 Review of the NBFC Sector
- 4 Vertical Fiscal Imbalance
- 5 Finance Minister Reviews Performance of RRBs of NE Region
- 6 PM E-DRIVE Scheme: Accelerating India's Shift to Electric Mobility
- 7 Differential Benefits of Electricity in Rural Areas
- 8 Centre Notifies Galathea Bay as a Major Port
- 9 10 Years of Make in India
- 10 Spices Board Unveils SPICED Scheme
