NCDs vs Bonds: What are the Differences ?
In 2014, RBI announced that NRIs and other foreign nationals are eligible to invest in non-convertible bonds and debentures (NCD Bonds). The contribution of NRIs to the purchasing and selling of shares or debentures has increased. What are NCDs? NCD stands for “non-convertible debentures.” These are debt instruments that are issued by companies and are …