Question
Eligible participants/issuers for Commercial Paper shall
obtain credit rating for issuance of CP from any one of the SEBI registered CRAs. The minimum credit rating shall be----------- as prescribed by SEBI.ΒSolution
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 βA3β as per rating symbol and definition prescribed by SEBI. The issuers shall ensure at the time of issuance of the CP that the rating so obtained is current and has not fallen due for review.Β
The RBI has allowed international trade settlement in rupees for which AD banks need to open ____________, in terms of Regulation 7(1) of Foreign Exchan...
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In the banking parlance, CTS stands for β
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Variable cos...