The NCDs are being issued for tenors of 36 months, 60 months and 2,500 days (roughly seven years) at coupons ranging from 9.75% to 10.65%If you really are willing to take a heavy amount of risk, pick the lowest tenor (36 months) and monthly coupon to mitigate your potential downside
2 min read30 Sep 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared