Finance · Money Market Instruments
An NBFC plans to issue Commercial Paper (CP) worth 200 crore rupees for a tenor of 90 days. Which statement correctly identifies the minimum Credit Rating requirement for eligibility and the minimum investment amount for a single investor as per RBI guidelines?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The NBFC must possess an investment grade rating of at least BBB, and the minimum subscription amount is 1 lakh rupees face value.
- 2The minimum credit rating required is A-1 from CRISIL or its equivalent. The minimum subscription amount is 5 crore rupees face value.
- 3The minimum credit rating required is A-2 from CRISIL or its equivalent. The minimum subscription amount is 5 lakh rupees face value.✓
- 4The minimum credit rating required is P-2 from CRISIL or its equivalent. The minimum subscription amount is 5 lakh rupees face value.
Correct answer
The minimum credit rating required is A-2 from CRISIL or its equivalent. The minimum subscription amount is 5 lakh rupees face value.
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