MUMBAI, April 10 (Reuters) - India's Reliance Industries plans to raise funds by selling commercial papers
maturing in two months, two merchant bankers said on Monday.
The company will offer a yield of 6.90% on the issue and has
received commitments worth around 10 billion rupees ($121.97
million) so far, according to the bankers.
The notes are rated "A1+" by CARE Ratings and will mature on
June 5.
($1 = 81.9850 Indian rupees)
(Reporting by Dharamraj Dhutia)
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