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1. 5th October 2017. COMMERCIAL PAPER (CP). OPERATIONAL GUIDELINES ON CPs EFFECTIVE FROM 10th AUGUST, 2017. RBI published the revised Commercial Paper Directions, 2017 on 10.08.2017. As per these directions issuers, investors and IPAs shall follow the standard procedures and documentation
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2 Feb 2017 Reserve Bank. Commercial Paper. Directions, 2017: A synopsis of the changes and our analysis . of India (FIMMDA) as 'Operational. Guidelines on CPs'. Eligible participants/issuers shall obtain credit rating for issuance of CP from any one of the. SEBI registered CRAs. The minimum credit rating shall be
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The issuer instead of executing several UPNs, can prepare a Jumbo UPN in respect of several CD issuances taking place for the same date of maturity and class of investors as in case of Commercial Paper (CP). Market players may refer FIMMDA's guidelines for CP in this connection. The CD in Jumbo UPN form will not be
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