Infrastructure News

IndusInd Bank pays Rs 114 crore as interest on infrastructure bonds

According to a regulatory filing, IndusInd Bank has paid Rs 114 crores as interest on infrastructure bonds worth Rs 1,500 crores.

The payments to be made on a yearly basis, have been cleared on the due date December 9. Infrastructure bonds are issued to raise debt for financing development projects such as roads, dams and power plants.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper’s PDF on WhatsApp and other social media platforms.)

Source link