non-convertible debenture
NBFCs enter retail market with NCDs, offer high rates
NCDs proposed to be issued by Shriram City Union Finance have been rated AA by rating agencies Crisil and CARE.
SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds
The bonds with a face value of Rs 10 lakh each bears a coupon rate of 9.45 per cent per anum.
Cos garner only Rs 4,100 cr via NCDs; prefer IPOs in market boom
The falling domestic interest rates have led to flow of money in equities.
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