Rbi guidelines on commercial paper
RBI GUIDELINES ON COMMERCIAL PAPER >> READ ONLINE
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As you are aware, Commercial Paper (CP), an unsecured money market instrument issued in the form of a promissory note, was introduced in India in 1990 with a Accordingly, introduction of Commercial Paper (CP) as a money market instrument was announced in the Governor's statement on Monetary and Credit Policy in9. An FI can issue CP within the overall umbrella limit fixed by the RBI, i.e., issue of CP together with other instruments, viz., term money borrowings, term
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