ReferIndia News NBFCs Lead Charge in March CP Market Amid Corporate Caution

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NBFCs Lead Charge in March CP Market Amid Corporate Caution

Published on: March 31, 2026, 1:42 p.m. | Source: Devdiscourse

Non-banking Financial Companies (NBFCs) drove commercial paper market activity in March due to keen funding needs, despite high borrowing costs. In contrast, corporates remained cautious. Issuances by banks through certificates of deposit followed a stable trend, suggesting easing funding pressure. The pattern reflects diverging financial strategies.

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