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Cps Gain Currency

BUSINESS STANDARD

Commercial paper (CP) may not be the new kid on the block, but it certainly seems to be the most happening thing in Indian finance this year. Its popularity chart has been soaring with more and more companies finding this instrument a handy way of raising cheap money. It is true that for AAA-rated companies CPs don

 

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First Published: Mar 28 2002 | 12:00 AM IST

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