MUMBAI, Aug 12 (Reuters) - India's Reliance Retail Ventures
plans to raise funds selling commercial papers maturing in three
months, two merchant bankers said on Friday.
The company, a unit of Reliance Industries Ltd ,
will offer a yield of 6.00% on the issue and has received
commitments worth around 16 billion rupees ($200.77 million),
according to the bankers.
The notes are rated A1+ by CRISIL.
($1 = 79.6950 Indian rupees)
(Reporting by Dharamraj Lalit Dhutia
Editing by Vidya Ranganathan)