Punjab Province (British India) regiments were raised from the Punjab which remained loyal to the East India Company throughout the crisis in the Punjab and United Provinces. By June 1858, of the 80,000 native troops in the Bengal Army, 75,000 were Punjabi of which 23,000 were Sikh. In the aftermath of the rebellion, a thorough re-organisation of the army took place. Henceforth recruitment into the British Indian Army was restricted to loyal peoples and provinces. Punjabi Sikhs emerged as a particularly favoured martial race to serve the army. In the midst of The Great Game, and fearful of a Russian invasion of British India,
Commercial paper in India from these statistics that the cost of borrowing working capital through Commercial paper transaction became relatively lower for the corporate companies in India in comparison to the cost of borrowing the same working capital through cash credit facility from the commercial banks. The obvious result was an absolute growth of the Commercial paper market in India, particularly, after 2007-08 onward. Commercial paper in India Commercial Paper in India is a new addition to short-term instruments in Indian Money market since 1990 onward. The introduction of Commercial paper as the short-term monetary instrument was the beginning of a reform in Indian