Banks putting more of surplus funds in commercial papers as rates riseCommercial papers (CPs) are shorter duration debt instruments generally issued by companies with maturities up to one year. One basis point...
23 Apr, 2022, 12.27 AM IST
RBI lays out norms for non-banks to access RTGS, NEFT systems“The risk of failure or delay in execution of fund transfers can also be avoided when the transactions are directly initiated and processed...
28 Jul, 2021, 09.08 PM IST
RIL group raises over Rs 5,100 crore via bonds and CPsGoldman Sachs said that concerns over the balance sheet and free cash flow were overdone.
25 Apr, 2020, 09.14 AM IST
Fintech, insurance companies may get direct access to CPSReserve Bank will examine the case for increased participation of non-banks in CPS.
28 Dec, 2019, 10.09 AM IST
BSE, NSE issue framework for listing of commercial papersIssuers can now apply for listing of commercial papers issued on or after November 27, 2019.
27 Nov, 2019, 02.23 PM IST
Rs 50,000 crore CPs due for redemption; NBFCs, HFCs go into a huddleOut of Rs 50k cr of CPs coming up for redemption around Rs 5k cr were issued by a troubled HFCs.
31 Oct, 2018, 08.42 AM IST
Relief for companies as short-term rates fallThe market has gained confidence from RBI’s status quo on the “neutral stance”.
12 Jun, 2018, 09.40 AM IST
RBI mandates corporates to seek rating from 2 rating agencies to issue CPsRBI has said that those companies with networth of Rs 100 crore can tap the CP market.
11 Aug, 2017, 09.51 AM IST
RBI proposes strengthen regulations in Commercial Papers market“Details of default including technical default, if any, along with description of the issue, IPA, amount, dates of issue and maturity date...
02 Feb, 2017, 10.48 PM IST
Companies like Reliance Jio, Reliance Retail, Volkswagen India, Aditya Birla Finance cash in on rate cut, tap commercial paper marketA slew of corporates, including Reliance Jio, Reliance Retail, Volkswagen India, Aditya Birla Finance and Dewan Housing made the most of th...
01 Oct, 2015, 10.00 AM IST
Companies like Reliance Jio, Reliance Retail, Volkswagen India raises short-term debt at much lower ratesIn fact, they reaped more than what RBI governor Raghuram Rajan gave, with their borrowing cost falling 60-70 basis points against 50 basis...
30 Sep, 2015, 09.00 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
- Public sector banks to ease MF loan terms conditionally
Public sector banks have come together to reduce the acute liquidity problems being faced by several mutual funds.
10 Nov, 2008, 03.36 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
- Cos troubled in raising short-term debt
The reason is RBI's monetary tightening has hiked interest rates on Commercial Papers by 3%.
27 May, 2007, 11.00 AM IST
- With bank rate rising, cos cosy up to CPs
Anticipating a higher cost to borrowings from banks, corporates are now opting to tap the market directly for short-term funds despite clea...
16 Dec, 2006, 02.13 AM IST
- Forex reserves increase to $167.1bn
Foreign exchange (forex) reserves rose $939m during the week ended on October 27, partly on account of revaluation of reserves.
04 Nov, 2006, 02.47 AM IST