Axis Bank to raise funds through infra bonds, may announce issue in Sept

Quick Summary:

The Indian government's strong capital expenditure push, with budget allocation at a record Rs 11.11 trillion ($132.

This is not for refinancing but fresh loans," the official added.

Infrastructure bonds are issued to finance long-term development projects.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Axis Bank IPO Axis bank Indian banking Indian banks Initial public offerings

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 11:59:02 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22293457

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