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Canara Bank, Bank of Maharashtra plan bond sales to raise Rs 4,500 crore

Canara Bank, Bank of Maharashtra plan bond sales to raise Rs 4,500 crore https://ift.tt/qkYF6Eu demand for credit remaining strong, banks have been looking to tap the bond markets and raise funds to finance the loan growth. As on November 17, bank credit growth was at 20.6% YoY while deposit growth was at 13.6% over the same period, latest RBI data showed.
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