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Market move▲ Bullish for Indian equities
India's commercial paper market surges to record high
The brief
- India's commercial paper market has surged to a record high
- The RBI cut its policy rate by 100 basis points between April and December 2025
- Lower short-term funding costs benefit Indian corporate borrowers and may support rate-sensitive sectors
- Corporate debt maturities set to test US borrowers as rates rise
- Reliance plans ₹10,000 crore, 10-year bond issue next week