infrastructure bonds

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    Indian Bank Raises ₹5,000 Crore Through Infrastructure Bonds

    Mumbai, March 23 The state-run Indian Bank announced on Monday that it had raised ₹5,000 crore through a 10-year long-term infrastructure bond issue at a coupon rate of 7.15 per cent.The lender received two bids for a total amount of ₹3,100 crore at a 7.13 per cent coupon, two bids each for a...
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    Union Bank Plans Infrastructure and Housing Bond Raise

    New Delhi, March 16 State-owned Union Bank of India said on Monday that its board has approved a proposal to raise ₹20,000 crore by issuing infrastructure bonds to fund various projects.The committee of Directors for fund raising (Non-Capital) has approved the issuance of long-term bonds...
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