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Canara Bank raises Rs 10,000 crore through infra bonds at 7.40% coupon

Canara Bank raises Rs 10,000 crore through infra bonds at 7.40% coupon

For banks, infrastructure bonds come with an advantage – funds raised through these securities are exempt from the regulatory requirement of maintaining Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).

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