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Bond Debut: Government's 50-year bond debut sees 4x demand

India Business News: The Indian government has introduced a 50-year bond worth Rs 10,000 crore for the first time, which saw strong demand. The auction by the RBI received ....

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rec: REC raises USD 1.15 billion in August from 6 banks

State-owned REC announced on Wednesday that a group of six banks helped it raise USD 1.15 billion in two installments in August. According to the Reserve Bank of India s ECB requirements, loan proceeds must be used to finance projects in the infrastructure, logistics, and power sectors. ....

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