Home / India News / RCF issues commercial paper for Rs 180 cr

RCF issues commercial paper for Rs 180 cr

Last Updated : Jun 08 2017 | 6:22 PM IST

State-owned Rashtriya Chemicals and Fertilizers (RCF) today said it has issued commercial paper for Rs 180 crore in favour of State Bank of India, with maturity dated as September 6, 2017.

This was communicated in a regulatory filing.

Commercial paper is an unsecured debt instrument issued normally for meeting short-term liabilities.

The stock rose by 1.99 per cent to close at Rs 86.95 on the NSE today.

Disclaimer: No Business Standard Journalist was involved in creation of this content