Commercial paper, NCD issuers should disclose information relating to payment default on their website!
Banking & Finance
The Reserve Bank of India wants issuers of Commercial Papers (CPs) and Non-Convertible Debentures (NCDs) to disclose information on any payment default through various channels, including publicly disseminating such information through their websites.These requirements form part of the revised Master Direction on CPs and NCDs of original or initial maturity up to one year, and are aimed at improving the transparency and safety of money markets
These requirements form part of the revised Master Direction on CPs and NCDs of original or initial maturity up to one year, and are aimed at improving the transparency and safety of money markets.
Commercial paper, NCD issuers should disclose information relating to payment default on their website
These requirements are part of the revised Master Direction on CPs and NCDs of original or initial maturity up to one year
About Reserve Bank Of India:
Founded: 1 April 1935, Kolkata
Governor: Shaktikanta Das
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