Question
According to the RBI Commercial Paper Directions
approved that InvIT and REIT having net worth of at least Rs ___ crore are eligible to issue commercial paper.Solution
The move came after Reserve Bank Commercial Paper Directions approved that InvIT and REIT having net worth of at least Rs 100 crore are eligible to issue commercial paper. This is subject to certain conditions, including, REITs and InvITs need to abide by the guidelines prescribed by Reserve Bank of India (RBI) for issuances of commercial papers and follow the conditions of listing norms prescribed by SEBI. 
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