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      Question

      The USD 90 million raised by DCM Shriram from IFC was

      obtained through which instrument?
      A Green bonds Correct Answer Incorrect Answer
      B External commercial borrowings Correct Answer Incorrect Answer
      C Sustainability-linked Non-Convertible Debentures Correct Answer Incorrect Answer
      D Convertible preference shares Correct Answer Incorrect Answer
      E Masala bonds Correct Answer Incorrect Answer

      Solution

      The funding was raised through sustainability-linked Non-Convertible Debentures, commonly called NCDs. 

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