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      Question

      Which of the following public sector bank had raised Rs

      1,000 crore through issuance of bonds for financing infrastructure and affordable housing projects?
      A Central Bank Correct Answer Incorrect Answer
      B Union Bank Correct Answer Incorrect Answer
      C Bank of Baroda Correct Answer Incorrect Answer
      D Punjab National Bank Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Bank of Baroda raised Rs 1,000 crore through issuance of bonds for financing infrastructure and affordable housing projects. The bonds, with a tenure of seven years, will offer a coupon rate of 7.39 per cent.

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