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Lifeline for NBFCs: RBI nod to banks to back their bonds

The relaxation comes at a time when nearly Rs 50,000 crore of commercial papers and another Rs 50,000 crore of bonds issued by finance companies are coming up for redemption and investors have turned cautious in respect of extending fresh loans.

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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