NBFCs Steal the Show in March; Corporates Hold Back

In March, NBFCs took center stage in the commercial paper market, issuing a whopping ₹70,300 crore, up from ₹45,500 crore in February! Meanwhile, corporates played it cool, dropping to ₹26,600 crore from ₹40,700 crore. It's a tale of two strategies: NBFCs are all about the cash flow party, while corporates are just watching the budget.