Rashtriya Chemicals and Fertilizers (RCF) has issued Commercial Paper for Rs 120 crore on July 5, 2017, in favour of ICICI Bank, having maturity date as September 29, 2017. This step has been taken in terms of the guidelines issued by the Reserve Bank of India (RBI).
Rashtriya Chemicals and Fertilizers (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.
