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

December 6, 2023

With 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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Tech Mahindra shares saw a decline of 2.7% after first-quarter results missed expectations. This made it the biggest loser on the Nifty. Other IT stocks

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