‘You can put up to 5% of debt portfolio in Piramal Capital NCDs’

The coupon rates of the NCD issue, which opens on July 12 and closes on July 23, are at 8.35-9% per annum, higher than banks fixed deposit rates of 5.5-6% on an average. While the product is a good bet for yield-hungry investors, the instrument carries higher risk as Piramal has a lower rating. The company is rated AA by CARE and ICRA.

via Economictimes