Page 2 - Ncd

Ind-Ra rates Mahindra & Mahindra NCDs 'AAA' with stable outlook

M&M has a diversified business profile with presence across farm equipment, auto and automotive components, defence, information technology, hospitality, steel trading, infrastructure and aerospace

RIL to raise Rs 9,000 cr via NCD issue on April 16 to refinance rupee debt

The most cash-rich company is also one of the most indebted corporates sitting on debt pile of over Rs 1.54 trillion as of March 2020.

Tata Motors to raise Rs 500 cr through issue of non-convertible debentures

The issuance is pursuant to the approval of the board of directors' resolution passed at its meeting held on October 25, 2019

Spread your risk by investing in NCDs; go for issues rated AA and above

Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk

Look at credit rating carefully before investing in NCDs

While interest rate is 100-200 basis points higher than bank FDs, quality of issuer is important

Retail investors can look at NCDs for higher returns

But watch out for the issuer's credit ratings in the upcoming issuances, especially if looking at tenure of more than 3 yrs

DHFL NCD suitable for those in lower tax bracket

Inflation-linked option offers no added benefit as underlying benchmark is difficult to predict

Four cos garner Rs 1,900 crore via NCDs in April-May

NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures

NCDs suit those in lower tax brackets

Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit

2 firms garner Rs 695 crore via NCDs in April-May

According to the latest data with Sebi, this is on top of the Rs 33,812 crore garnered in the entire preceding financial year