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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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