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What Are Non-convertible Debentures (ncds)? |
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Answer» Non-convertible debentures (NCDs) are debt INSTRUMENTS with a fixed tenure ISSUED by COMPANIES to raise money for business purposes. Unlike convertible debentures, NCDs can't be CONVERTED into EQUITY shares of the issuing company at a future date. Non-convertible debentures (NCDs) are debt instruments with a fixed tenure issued by companies to raise money for business purposes. Unlike convertible debentures, NCDs can't be converted into equity shares of the issuing company at a future date. |
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