Bharat Financial Inclusion announced that the Company issued Commercial Papers of an aggregate amount of Rs. 25 crore on 26 August 2016, which have been rated `A1 +` by a leading rating agency. Instruments with the aforesaid rating are considered to have `a very strong degree of safety` regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.
The aggregate amount of Commercial Paper outstanding as on date is Rs. 300 crore.
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