India's NABARD plans to raise 2 bln rupees via bonds

MUMBAI, Jan 23 (Reuters) - India's National Bank for Agriculture and Rural Development (NABARD) plans to raise 2 billion rupees ($37.2 million) through one-year one-day bonds at 8.65 percent, a source with direct knowledge of the matter said.

Darashaw and ING Bank are the arrangers for the bond sale, the source said. ($1 = 53.8150 Indian rupees) (Reporting by Archana Narayanan; Editing by Gopakumar Warrier)

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