NLC India Says It Has Raised Rs 1,000 Crore By Issuing Commercial Paper
NLC India on Friday said it has raised Rs 1,000 crore by issuing commercial paper.
Topics
NLC India | Fundraising
NLC India on Friday said it has raised Rs 1,000 crore by issuing commercial paper.
"NLC India Ltd has issued and allotted 20,000 nos of commercial paper of face value of Rs 5,00,000 each aggregating to Rs 1,000 crore in favour of SBI Mutual Fund SBI Liquid Fund on August 14, " the PSU said in a filing to BSE.
NLC India, a navratna company under the Ministry of Coal, is into coal and lignite mining and power generation.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Fri, August 14 2020. 20:02 IST
PREVIOUS STORY
NEXT STORY
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more