In the last 10 days or so, at least five companies have issued non-convertible debentures. NCDs are a very popular option with investors as they offer interest rates higher than bank fixed deposits. But the non-banking finance companies at large are still facing a liquidity crunch. So are these NCDs worth your while or are you better off putting your money in banks? Or perhaps even debt funds? <br /> <br />Sakshi Batra speaks to Moneycontrol’s Personal Finance Editor, Kayezad Adajania to find out.
