Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit...

Andhra Pradesh offers a one-time option to switch to the Old Pension Scheme. This applies to employees recruited before September 1, 2004, ...

Foreign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certi...

Indian companies significantly boosted their fundraising via commercial papers in June, reaching a near five-year high. This surge, driven ...

New RBI rules demanding 100% collateral for bank guarantees from July 1 are set to significantly impact proprietary trading desks. These fi...

Andhra Pradesh employees in state PSUs, Gurukul schools, and welfare societies will now retire at 62, matching state government staff. Addi...

The Mumbai-headquartered company said the acquisition, to be carried out through its wholly owned subsidiary Hexaware Technologies UK Ltd, ...

"With forecasts of policy rate hikes already at a steep 250 basis points, we worry that this might impede aggregate growth and reduce discr...

The Crown Prosecution Service (CPS) in the UK ruled that Manchester United's Mason Greenwood is guilty of attempted rape, coercive behaviou...

CP rates experienced intermittent bouts of volatility before hardening late-February and early-March 2020. The risk premium (on an average)...

Till date 84 issuers have done 677 issuances of commercial papers and have successfully listed CPs of Rs 1,97,882 crore on BSE.

CPs are usually issued at a discount from face value and reflect prevailing market interest rates.

Post process, the effective date of listing for CPs at the exchange will be December 26, BSE said in a statement.

Till date, 19 issuers have done 43 issuances of CPs and have successfully listed CPs of Rs 22,170 crore on the BSE.

CPs worth Rs 2.4 lakh crore are estimated to be maturing in November.

CPs are unsecured money market instruments issued to meet short-term needs of companies. NBFCs are primary issuers of CPs.

The base rate mechanism is likely to make working capital borrowing from banks more expensive.