Stop investing in all NCD & also stop of your friends, family and clients. They all are just for name sake secured but are totally unsecured. You all will loose your hard earn money if you invest in NCD's . Never believe in ANY credit rating agencies, regulators, audited financial results and past performance of company of company. They all are crooks. No Insurance cover of one lac in NCD as we get in FD's. Company are just making repayment of matured NCD's out of proceeds new NCD's and fooling us.
True.. It happened for me to after investing in DHFLNQ - NCD. Huge loss after investing 50K. (-85%) don't know whether I get my invested money or not :(. I could have made FD or invested in some share, atleast I can sell my share when it reaches -30% down. But in NCD u won't be able to sell you share in between.
Stop investing in all NCD & also stop of your friends, family and clients. They all are just for name sake secured but are totally unsecured. You all will loose your hard earn money if you invest in NCD's . Never believe in credit rating agencies, regulators, audited financial results and past performance of company of company. No Insurance cover of one lac in NCD as we get in FD's. They make repayment of matured NCD out of new NCD's and fooling us.
Stop investing in all NCD & also stop of your friends, family and clients. They all are just for name sake secured but are totally unsecured. You all will loose your hard earn money if you invest in NCD's . Never believe in ANY credit rating agencies, regulators, audited financial results and past performance of company of company. They all are crooks. No Insurance cover of one lac in NCD as we get in FD's. Company are just making repayment of matured NCD's out of proceeds new NCD's and fooling us.