Bank of Baroda raises ₹5,000 cr via infra bonds; here’s how stock reacts
The issue received an overwhelming response from investors with a total of 105 bids amounting to ₹14,215 crore against the total issue size of ₹5,000 crore.
The issue received an overwhelming response from investors with a total of 105 bids amounting to ₹14,215 crore against the total issue size of ₹5,000 crore.
The board of SBI is scheduled to meet on January 3 to consider and approve a proposal to raise up to ₹10,000 crore through infrastructure bonds.
The improvement in credit profile reflects the raft of policy decisions that have helped shore up the attractiveness of India's infra sector, says CRISIL.
The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.