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India cenbank issues revised rules on commercial paper issuance

MUMBAI, Feb 2 (Reuters) - The Reserve Bank of India issued revised guidelines for commercial papers, including mandating that the issuer must disclose the end-use of such funds and that it cannot buy back its securities before 60 days from the sale to investors. [Source]

Publication Date:

Origin: reuters.com

Category: financialsSector

Topics: commercial, India, investors, sale to, securities, cannot, that it, funds, end-use, disclose, issuer, mandating that, including, papers, guidelines, issued revised, Reserve, (Reuters), MUMBAI, issuance, paper, rules, revised, issues, cenbank

Source: http://feeds.reuters.com/~r/reuters/financialsNews/~3/8QVN0mJb9eQ/india-cenbank-debt-idUSL4N1FN3HG

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