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RIL raises Rs 2,550 cr through commercial paper issue

RIL raises Rs 2,550 cr through commercial paper issue
The retail-to-oil conglomerate, for example, mopped up Rs 1,250 crore for three months at 3.4 per cent. The rate is 45 basis points lower than its previous CP sale in May last week. One basis point is 0.01 percentage point.