which institution has raised more than 1000 crore through social bonds | Examsbook

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Q:
Which institution has raised more than ₹1000 crore through social bonds?

1
Vedanta Seva Sadan
2
National Bank for Agriculture and Rural Development (NABARD)
3
Human Bing Sadan
4
Reserve Bank of India

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Answer : 2. "National Bank for Agriculture and Rural Development (NABARD)"
Explanation :
National Bank for Agriculture and Rural Development (NABARD) issued its first rupee-denominated AAA rated social bonds with a total size of ₹1040.50 crore. The privately issued bonds to eligible institutional investors will be listed on the Bombay Stock Exchange (BSE) on September 29, 2023. The face value of each bond is ₹1 lakh.

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