Aditya Birla Finance becomes first NBFC to list commercial paper on bourses

Non-bank lender Aditya Birla Finance became the first company to list its commercial papers borrowing of Rs 100 crore on the bourses. The Kumarmangalam Birla-led company listed its CPs on NSE with a value date of November 28, 2019, and maturity date on February 7, 2020, on BSE and NSE, both the bourses.

ABFL is a diversified non-banking finance company (NBFC) with a long-term credit rating of AAA (Stable) from both Icra as well as India Ratings.

Source- Business Standard 

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *