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Centre extends Rs. 362 cr. to UTI

NEW DELHI, JULY 23. The Government has extended Rs. 362 crores to the Unit Trust of India (UTI) for meeting the shortfall in its assured return schemes. Most of these schemes have been foreclosed by UTI. The Rs. 362 crores have been extended in the form of 6.1 per cent Government of India UTI Bonds, 2011. The bonds would be issued at par to the Administrator of Specified Undertaking of UTI.

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