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Tag Archives: Company FDs

How is an NCD different from a company FD?


Shriram Transport Finance is coming out with an NCD issue next week, which is the latest in the series of the many NCD issues it has launched till date. Now, the same company – Shriram Transport Finance Company Ltd also offers public fixed deposits for subscription with interest rates similar to those of the NCDs. This post is in response to a query by one of my clients who already has invested in the company’s FDs and wanted to know the basic difference between an NCD and an FD.

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