NCDs have had notable success in recent history. Corporates are viewing this instrument as the best bet to raise funds and demand from retail and institutional investors is high. While there are inherent risks compared to bank FDs, post tax returns are attractive in many cases. Further, reputed issuers are securing these by a charge on company assets. A word of caution: Always check the credit rating and stay away from low rated paper and issuers with generic or vague fund-raising propositions.
Resolutions in NCLT accounts, lower residual stressed assets and enhanced income recognition and provision write-backs through to ...
Buy Reco. Price: 286
Revival in retail mortgages and corporate lending business, are likely to drive income for the core mortgage business. The core ...
Buy Reco. Price: 2,125