Commercial paper issuance by NBFCs fall 66 pct in August as cost of funds rises

Commercial paper (CP) issuances by non-banking financial companies (NBFCs) dropped over 66% year-on-year (y-o-y) in August 2019, led by a rise in cost of funds and correction of asset-liability mismatch by non-banks.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2ZUQBBB