Markfed’s gains on the rise

CHANDIGARH, June 15: MARKFED has become the first co-operative institution in the country to successfully place commercial paper amounting t...

CHANDIGARH, June 15: MARKFED has become the first co-operative institution in the country to successfully place commercial paper amounting to Rs 25 crore. Recently, MARKFED was assigned the highest credit rating of `P1+’ by CRISIL. It is on the basis of this credit rating that the MARKFED has been able to issue commercial paper amounting to Rs 25 crore at a very attractive rate of interest. This will further enhance profitability of the MARKFED.

MARKFED further plans to raise more funds through issue of commercial paper, bonds and debentures so as to bring down the financial cost of its operations.

Israel Prime Minister Benjamin Netanyahu addresses the 80th session of the United Nations General Assembly, Friday, Sept. 26, 2025. (AP Photo/Richard Drew)

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