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• Reliance Industries Ltd. plans to raise up to ₹20,000 crore through a domestic bond sale, marking the largest such issuance by a non-BFSI private entity in India.
• The sale will take place on November 9 and the bonds are rated AAA with a stable outlook by Crisil and Care Ratings.
• The proceeds from the sale could be used for refinancing existing borrowings, ongoing capex, and investments in domestic subsidiaries.