The M-channel Anderson impurity model (M = 1,2) is studied in the Kond
o limit with a finite voltage bias applied to the conduction-electron
reservoirs. Using the noncrossing approximation (NCA), we calculate th
e local spectral functions, the differential conductance, and suscepti
bility at nonzero bias for symmetric as well as asymmetric coupling of
the impurity to the leads. We describe an effective procedure to solv
e the NCA integral equations that enables us to reach temperatures far
below the Kondo scale; This allows us to study the scaling regime whe
re the conductance depends on the bias only via a scaling function. Ou
r results are applicable to both tunnel junctions and to point contact
s. We present a general formula that allows one to go between the two
cases of tunnel junctions and point contacts. Comparison is also made
between the conformal field theory and the NCA conduction-electron sel
f-energies in the two-channel case.