Dip in credit-deposit ratio lowers cost of borrowing for CP, CDReserve Bank of India (RBI) data show that interest rates for CPs stood at 7.43% in December 2024 (up to December 19), lower than 7.89% dur...
26 Dec, 2024, 06.04 AM IST
Fundraise through commercial papers falls after RBI warningMarket borrowing by Indian companies for their short-term needs fell in the first half of October from a month earlier, show latest data, l...
06 Nov, 2024, 05.52 AM IST
RBI may delay rate cuts, strong bond demand keeps market rates lowThe Reserve Bank of India may postpone anticipated policy interest rate cuts, but strong demand for bonds from long-term investors like ret...
16 May, 2024, 05.50 AM IST
Commercial paper issuances touch a 4-year high of Rs 1.2 lakh croreCP issuances are still not as high as 2018 levels when they touched ₹3.1 lakh crore in July-September, as NBFCs look for other funding aven...
27 Apr, 2024, 12.52 AM IST
CP sales fall to 9-year low post HDFC mergerThe latest Reserve Bank data indicates that in the July 15 fortnight it fell to Rs 26,000 crore as one of the biggest issuers-HDFC is now o...
26 Jul, 2023, 05.52 AM IST
CP sales fall 60% as short-term rates soarFurthermore, the massive outflow of funds from debt schemes due to losses on mark to market has put pressure on rates that mutual funds dem...
24 Aug, 2022, 06.07 AM IST
Ind-Ra upgrades FY21 credit growth estimates to 6.9%On account of the excess liquidity in the system, a similar trend was observed in CD-overnight index swap negative spread, which is showing...
27 Feb, 2021, 04.42 PM IST
How India's growth-inflation dynamics have turned wobblyOwing to the global deluge of capital flows along with the likelihood of Covid-19 vaccine being designed, the equity market continued to sh...
30 Nov, 2020, 05.23 PM IST
Norms push NBFCs out of CP marketCommercial paper issuances were at ₹57,065 crore in October 2019, as per data with Prime Database.
19 Nov, 2019, 10.00 AM IST
IL&FS default: Commercial paper issuances hit an 8-year low in SeptIn value terms, Rs 28,470 crore of issuances came out in September – the worst since 2013.
01 Oct, 2018, 06.21 PM IST
CP issuance hits all-time high of Rs 4.92L cr in Q1: IcraThe volumes grew 49 per cent over last year and 32 per cent over the preceding three months.
27 Aug, 2018, 07.40 PM IST
Potential rollover risks for investors & issuers, as CP issuances hit all-time high: IcraThe volume of CP issuance has been steadily increasing over the last few years and stood at an all-time high of Rs 5.29 trillion in Q1 FY20...
18 Aug, 2016, 04.29 PM IST
- Nabard raised Rs 750 crore in form of commercial paper for 11 days at 9.82%.
This is one of rare short term issuance from a highly rated company. CP is an unsecured money market instrument.
19 Jan, 2012, 06.48 PM IST
- RBI worried over quality of CPs, to revise rules
The number of issuances have bloated from Rs 83,165 crore in the month of April to Rs 107,755 crore in the first fortnight of July.
25 Aug, 2010, 02.46 AM IST
- Companies turn to MFs for raising cheap funds
Flush with cash, MFs have been deploying their surplus funds in CP issued by top-rated corporates, at rates ranging from 3-5 .5%. Top 5 pic...
02 Dec, 2009, 07.02 AM IST
- India Inc, NBFCs go for big hits in short-term debt
Commercial paper (CP) issuances have shot up, with close to Rs 6,997 crore being raised through this route in just one fortnight.
19 Nov, 2007, 06.24 AM IST
- Short-term credit for cos turns dearer
Short-term credit for corporates just got costlier. Companies are now prepared to shell out more than 8% as a return on their commercial pa...
25 Jul, 2006, 01.36 AM IST