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<h1>Long-term infrastructure bond status excludes specified bond proceeds from being treated as public deposits under NBFC rules.</h1> Deduction for long-term infrastructure bonds is recognised for specified bonds issued by designated development finance institutions and infrastructure finance companies; amounts raised by those specified infrastructure bond issues shall not be treated as public deposits under the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998, and a notification amends the NBFC directions accordingly.