Finance

Bet on NCDs from M&M Finance

Given that rates are bottoming out, go for the seven-year option offering 7.85 % interest

Investors looking for alternatives to bank deposits can consider parking some of their surplus in Mahindra & Mahindra Financial Services’ public issue of non-convertible debentures (NCDs). Given the sharp fall in deposit rates, investors can earn a higher return by investing a portion of their surplus in the NCD.

[“Source-thehindubusinessline”]

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Loknath Das

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