Download App
PAPER TRADE
Download App
Login
CENTRALBK
newsbot
Reputation: 198,487 •
Apr 23, 2022 6:01 AM
Banks putting more of surplus funds in commercial papers as rates rise
Commercial papers (CPs) are shorter duration debt instruments generally issued by companies with maturities up to one year. One basis point is 0.01 percentage point.
The Economic Times
https://economictimes.indiatimes.com/industry/banking/fin...
#CENTRALBK
Vote
Comment
Share
NSE:CENTRALBK price when posted: 19.6