Infra bond issuances by banks set to surpass Rs 1 trillion in FY25

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Infra bond issuances by banks set to surpass Rs 1 trillion in FY25 - Business Standard

Quick Summary:

So far, banks have raised around Rs 74,256 crore via the issuance of infra bonds in the current financial year.

State-owned banks have increasingly tapped the domestic capital market to raise funds through infrastructure bonds to fund credit growth as deposit mobilisation has been a challenge.

Infrastructure bond issuances by commercial banks are likely to cross Rs 1 trillion in the current financial year, almost double that of the last financial year, market participants said.