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RCF issues commercial paper worth Rs 180 crore

23 Jan 2017 Evaluate

Rashtriya Chemicals and Fertilizers (RCF) has issued Commercial Paper for Rs 180 crore on January 23, 2017, in favour of State Bank of India, having maturity date as March 30, 2017. The company has issued Commercial Papers as per guidelines issued by the Reserve Bank of India (RBI).

RCF, a Government of India Undertaking is a leading fertilizer and chemical manufacturing company with about 80% of its equity held by the Government of India. The company manufactures Urea, Complex Fertilizers, Bio-fertilizers, Micro-nutrients, 100 percent water soluble fertilizers, soil conditioners and a wide range of Industrial Chemicals.

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