Tag Archives: COMMERCIAL PAPER

RBI Master Direction on Money Market Instruments: Call/Notice Money Market, Commercial Paper, Certificates of Deposit and Non-Convertible Debentures (original maturity up to one year)

RBI/FMRD/2016-17/32 FMRD.Master Direction No. 2/2016-17 July 7, 2016 All Eligible Market Participants Dear Sir/Madam, Master Direction on Money Market Instruments: Call/Notice Money Market, Commercial Paper, Certificates of Deposit and Non-Convertible Debentures (original maturity up to one year) The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions/directives to the eligible… Read More »

COMMERCIAL PAPER QUESTIONS AND ANSWERS

COMMERCIAL PAPER  1. What is Commercial Paper (CP)? Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. 2. When it was introduced? It was introduced in India in 1990. 3. Why it was introduced? It was introduced in India in 1990 with a view to enabling highly… Read More »