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Why do companies issue NCD?

By IndianMoney , 1 year ago

The value of Non-convertible debentures (NCDs) that have hit the market since the start of 2016 has already crossed Rs.5K-crore. Another Rs.500 crore is in the pipeline. With loan rates falling slowly and equity markets remaining volatile, companies are taking the Non-convertible debentures route to raise money.

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