Working Capital Management Question:
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Tell me who can invest in commercial papers?


Following persons can invest in commercial papers:

1) Individuals

2) Banks

3) Corporate Bodies incorporated in India

4) Unincorporated Bodies

5) Non resident Indians

6) Foreign Institutional Investors

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Explain which credit rating agencies are authorized by RBI to provide a credit rating for Commercial Papers?Explain what are commercial papers? Who can issue commercial papers?