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China pledges more support for banks#39; perpetual bonds to boost lending

China pledges more support for banks#39; perpetual bonds to boost lending "Perps" - bonds with no maturity date - are seen as a major step toward recapitalisation of banks, whose lending capacity to the real economy is largely limited by their capital adequacy.

from Moneycontrol Latest News http://bit.ly/2TX77Kn
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