Fund raising via NCD surges 3-fold to Rs 29,300-crore in 2018
Updated : December 31, 2018 04:50 PM IST
NCDs are loan-linked bonds that cannot be converted into stocks and usually offer higher interest rates than convertible.
According to latest data with the Securities and Exchange Board of India (Sebi), companies mobilised Rs 29,394 crore through NCD in 2018, much higher than Rs 9,779 crore raised from this route last year.
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