Infrastructure News

IndusInd Bank pays Rs 114 crore as interest on infrastructure bonds

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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.

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