Bharat Financial Inclusion announced that the Company issued Commercial Papers of an aggregate amount of Rs. 50 crore on 08 September 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 Papers outstanding as on date is Rs. 350 crore.
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