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Treasury Services

Money Market Services

Our Money Market desk helps manage Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) of the bank

Fees and Charges

Eligibility and Documentation

Features and Benefits

  • A CP is a money market instrument through which corporate entities raise short-term money
  • Issued as per RBI guidelines
  • It is issued at a discount to face value
  • Is in the nature of a promissory note and is held in dematerialised form
  • Attracts issuance stamp duty in primary issue
  • Has to be mandatorily rated by one of the four credit rating agencies
  • Can be issued for a maximum period of 1 year
  • Can be issued in dematerialised form

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