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.
(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )
(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.)
