Question
Which private bank raised ₹3,925 crore through infrastructure bonds in FY25?
Solution
Axis Bank raised ₹3,925 crore through infrastructure bonds in the financial year 2024-2025: • When: On September 4, 2024 • Coupon: 7.45% • Type: 10-year infrastructure bonds Infrastructure bonds are issued by government-authorized companies and NBFCs to fund infrastructure projects. They are popular for their tax-saving feature under section 80CCF
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