2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank will raise up to Rs 50, 000 crore during the next 12 months through issuing bonds?
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HDFC
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SBI
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PNB
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IFSC
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Explanation:
Detailed explanation-1: -HDFC to raise up to Rs 12, 000 cr through bonds on private placement basis | Business Standard News.
Detailed explanation-2: -The Savings Bond is issued in a Demat form. It is credited to the Bond Ledger Account of the investor. The bank gives a certificate of holding to the investor as proof of the investment. The interest on the Savings Bond is payable every six months.
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