Fundraising by Indian corporates through commercial papers (CPs) route surged to a nearly five-year high in June, driven by favourable pricing, seasonal working capital requirements and refinancing of existing debt.
According to Prime Database data, corporates raised Rs 2.53 lakh crore through CPs in June, up 84.6 per cent from Rs 1.37 lakh crore in May. On a year-on-year basis, issuances rose 59.4 per cent from Rs 1.59 lakh crore in June 2025.