Question
NABARD has received government approval to raise up to
how much through deep-discount bonds?Solution
The National Bank for Agriculture and Rural Development (NABARD) has received central government approval to raise up to ₹19,500 crore through deep-discount bonds . These are zero-coupon bonds, providing no periodic interest but redeemable at full face value after nearly 11 years, making them suitable for long-term rural development funding.
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