NCD
What are the differences between Unsecured and Secured NCD?
Secured NCD: These are backed by company assets In case of default, company assets can be liquidated to repay investors Offers lower returns than unsecured NCDs Less risky than unsecured NCDs Unsecured NCD: These are not backed by company assets In ...
How does the NCD Allotment process take place?
The NCD allotment process involves the following steps- All eligible applications are grouped on the basis of investor categories- 'Institutional', 'Non-Institutional', 'High Net Worth Individual' and 'Retail Individual Investors'. Allotments are ...
What's is the Taxation on NCD?
For individual investors, If the NCDs are sold before a year, the profits will be added to the income of the investor and he will have to pay taxes at the same rate as per the income tax slab. For any profit made by selling NCDs after a year, tax ...
What is the difference between NCD and FD?
Non-Convertible Debentures (NCD) are fixed income instruments issued by companies to raise funds to meet various financial goals. They are issued for a fixed tenure and offer a fixed rate of returns to the investor. Non‐Convertible Debenture is a ...