Commercial Paper: Latest News and Updates, Top Stories, Videos, Photos About Commercial Paper

CP Market Sees High Stability, Resiliency in Issuances: India Ratings

India Ratings and Research (Ind-Ra) has published the first edition of its quarterly Commercial Paper (CP) Market Dossier. The report encompasses the trend and dynamics of CP issuances in the latest quarter, overview of CP rates, liquidity assessments of Ind-Ra rated ...

Mutual Fund Cos Seek RBI Credit Line Amid Huge Redemptions

As the mutual fund industry faces huge redemption in short-duration debt market funds amid market rout, the players seek for some sops from the central bank. During the earlier financial crisis in 2008, the RBI took initiative to support the industry, ...

4 Companies List Commercial Papers On BSE Today

On Monday, the country's oldest stock exchange BSE said 4 entities including HDFC, IOC, Axis Finance and GIC Housing Finance have placed an application for listing of commercial papers for an overall issue size of Rs. 4075 crore. Independently issue size ...

Aditya Birla Finance Becomes First NBFC To List Commercial Paper On NSE

On Thursday, Aditya Birla Finance became the first company to list its commercial papers borrowing of Rs 100 crore on the Indian stock exchanges. The non-banking finance company (NBFC) listed its CPs on NSE with a value date of November 28, ...

Should You Add Commercial Papers To Your Investment Portfolio?

On Tuesday, the Securities and Exchange Board of India (SEBI) came out with a framework to list commercial papers on stock exchanges to increase the participation of investors in such securities. Should you consider investing in commercial papers to diversify your ...

Cox & Kings Defaults On Meeting Its CPs Obligations For Second Time

In its second default in a month's time, tours and travel operator Cox & Kings has erred to make its payment obligations on commercial papers amounting to as much as Rs. 174 crore. "The company is working closely with its lenders ...

DHFL Shares Decline Over 3% After Company Completes Stake Sale In Aadhar Housing

In intra-day trade on Tuesday, DHFL or Dewan Housing Finance Corporation Limited shed all its opening gains and lost over 3% to hit day's low of Rs. 86.60 on the BSE. The stock was last trading down by 0.95% at Rs. ...

DHFL Stock Rises Amid CRISIL Downgrade On Its Commercial Papers

The stock of DHFL has shrugged off the impact of CRISIL downgrading of its commercial papers from A3+ to A4+ as concerns loom of increased reduction in liquidity with the housing finance arm. The rating implies 'Rating Watch with Negative Implications'. ...

CRISIL Downgrades Vodafone Idea Rs. 6000 Crore NCDs

After Yes Bank, CRISIL has downgraded rating Vodafone Mobile Services' NCDs worth Rs. 6000 crore and has in addition re-affirmed its stance in respect of its Rs. 2000 crore commercial paper. A BSE filing said, "CRISIL vide its communication uploaded ...

Ujjivan, First MFI To Raise CP Through Domestic Mutual Fund

Bangalore-headquartered Ujjivan Financial Services, a leading microfinance institution with pan-India presence, has raised Rs. 50 Crores from a domestic Mutual Fund through placement of Commercial Paper and IFMR Capital was the sole arranger to the Issue. This is the ...

What is Commercial Paper? Who can issue them?

Commercial Paper is unsecured money market instrument issued in the form of promissory note. This was introduced in a aim enable highly rated corporate borrowers to diversify their sources of short-term borrowings and to provide an additional instrument to investors. Subsequently, ...

Commercial Paper News