Mumbai, Sept. 24 -- Motilal Oswal Financial Services has approved the issuance up to 90,000 fully paid, Secured, Rated, Redeemable, Listed, Senior Bonds in the nature of Non-Convertible Debentures (NCDs) of face value of Rs. 1,00,000 each for an amount up to Rs. 900 crore on private placement basis.

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