MUMBAI, April 20 (Reuters) - India's Birla Group
Holdings plans to raise funds by selling commercial papers
maturing in two months, three merchant bankers said on Thursday.
The company will offer a yield of 7.45% on the issue, for
which it has received commitments worth around 1.50 billion
rupees ($18.3 million) so far, they said.
The notes are rated A1+ by ICRA.
($1 = 82.1400 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
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