About NCD
NON CONVERTIBLE SECURED DEBENTURES
Many investors prefer to invest in low-risk investments. NCDs are a good option for such investors. NCDs are fixed-income debt instruments. In short, you lend money to a company against NCDs issued by them to you. Unsecured and secured non-convertible debentures are the two types of NCDs available to investors. Secured NCDs are more secure than other debt instruments because companies pledge or hypothecate assets as security.
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