The Reserve Bank of India has received one bid aggregating to Rs 5 crore for the four-day repos fixed at the coupon of seven per cent which was held yesterday. The RBI has accepted the bid.
The Reserve Bank of India has announced a three-day repos in the government of India securities on January 9 for parties holding SGL account and current accounts with it in Mumbai. The repurchase by the RBI will be on January 12, 1998.
Icra has assigned A1 rating for the commercial paper of Jindal Strips Ltd and Harita Grammer Ltd aggregating to Rs 50 crore and Rs 4.5 crore respectively. Icra has assigned A1+ rating for the CP of Warren Tea aggregating to Rs 10 crore and Unichem aggregating to Rs 5 crores.
Icra has assigned LA rating for preference share aggregating to Rs 5 crore, non convertible debenture of Rs 5 crore to JBF Industries Ltd. It has also assigned A1 rating for CP of the company aggregating to Rs 5 crore.
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