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

India Equities Outlook 2026: Autos, Banks Likely To Outperform As Markets Remain Resilient

India Equities Outlook 2026: Autos, Banks Likely To Outperform As Markets Remain Resilient

Adani Enterprises Launches Third ₹1,000 Crore NCD Issue, Offers Upto 8.90 Per Cent Annual Returns

Adani Enterprises Launches Third ₹1,000 Crore NCD Issue, Offers Upto 8.90 Per Cent Annual Returns

Handled 4,200+ Cases In A Year, 1,810 Time-Sensitive: Blinkit Ambulance Service Marks One Year

Handled 4,200+ Cases In A Year, 1,810 Time-Sensitive: Blinkit Ambulance Service Marks One Year

Govt Announces ₹7,295 Crore Export Support Package To Boost Exporters’ Access To Credit

Govt Announces ₹7,295 Crore Export Support Package To Boost Exporters’ Access To Credit

UCO Bank Reports 13 Per Cent Growth In Total Business To ₹5.54 Lakh Crore In Q3 FY26

UCO Bank Reports 13 Per Cent Growth In Total Business To ₹5.54 Lakh Crore In Q3 FY26