IndusInd Bank pays Rs 114 cr as interest on infrastructure bonds for Oct-Dec quarter

IndusInd Bank pays Rs 114 cr as interest on infrastructure bonds for Oct-Dec quarter

Infrastructure bonds are debt instruments sold to investors to raise funds for roads, power plants and bridges among other projects.

FPJ Web DeskUpdated: Monday, January 02, 2023, 06:53 PM IST
article-image
@ians_india (twitter)

According to an exchange filing, private lender IndusInd Bank has paid out an interest of Rs 114 crores on infrastructure bonds, for the October to December quarter of FY23.

Infrastructure bonds are debt instruments sold to investors to raise funds for roads, power plants and bridges among other projects. The investors can also choose InVits to receive payouts on income generated by the completed projects.

RECENT STORIES

HSBC Upgrades India To 'Overweight', Retains Sensex Target Of 94,000 For 2026 Amid Strong Growth...

HSBC Upgrades India To 'Overweight', Retains Sensex Target Of 94,000 For 2026 Amid Strong Growth...

NSE Warns Investors Against 5 Individuals Running Unauthorised Stock Tip Channels, Flags Illegal...

NSE Warns Investors Against 5 Individuals Running Unauthorised Stock Tip Channels, Flags Illegal...

Rupee Slumps 39 Paise To Close At All-Time Low Of 90.33 Against US Dollar

Rupee Slumps 39 Paise To Close At All-Time Low Of 90.33 Against US Dollar

Aadhaar OTP Boosts Tatkal Booking Fairness In 322 Trains, Railways Deactivates 3.02 Cr Fake User IDs...

Aadhaar OTP Boosts Tatkal Booking Fairness In 322 Trains, Railways Deactivates 3.02 Cr Fake User IDs...

Sensex Jumps 426 Points & Nifty Reclaims 25,900, Market Stages Strong Comeback After Sharp Fall;...

Sensex Jumps 426 Points & Nifty Reclaims 25,900, Market Stages Strong Comeback After Sharp Fall;...