What is difference between NCD and bond?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The major differences between NCDs and Bonds are as follows:

NCDs cannot be converted into shares, while bonds can be convertible or nonconvertible.
NCDs are issued by corporations or financial institutions, while bonds are issued by corporations, governments or municipalities.
The issuance of NCDs is regulated by SEBI (Securities and Exchange Board of India) while the issuance of bonds is regulated by the relevant authorities such as SEBI or RBI in India.
Bonds are less risky than NCDs as they are more secure than NCDs.

Topic: NCD Comparison Feedback

Comments

Add a public comment...

Find more questions on this topic

Is NCD better than FD?
Which is better, NCD or FD?
Is debt mutual fund better than fixed deposit?
What is the difference between IPO and NCD?

Ask Your Question