Tata Power Raises ₹1,500 Crore with 7.5% Five-Year NCDs; How They Compare to Bank FDs

investing

17 July 2026 at 11:25 am

Tata Power Raises ₹1,500 Crore with 7.5% Five-Year NCDs; How They Compare to Bank FDs

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Summary

Tata Power has raised ₹1,500 crore through a private placement of five-year Non-Convertible Debentures (NCDs) offering a 7.50% annual coupon. This rate is higher than many bank fixed deposits, but the NCDs carry different risks, liquidity, and investor protection.

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