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Non convertible debentures News

Trading gains from listing
Anumber of Non-Convertible Debentures (NCDs)have hit the market over the past year. In the first week of February, L&T Finance launced their issue to raise Rs 500 crore. These instruments usually provide a slightly higher return for investors than the prevailing interest rate on fixed deposits because. Most investors in their search for returns restrict their attention to only the interest