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Indian Bank set to raise ₹5,000 crore via infrastructure bonds
BusinessLine· 2026-03-18 15:03
Indian Bank plans to raise around ₹5,000 crore from the bond market by way of infrastructure bonds by this month-end with the public sector bank also securing the necessary board approvals for this particular fundraise on Wednesday.“We had already got an enabling approval from the board to raise ₹5,000 crore during the financial year and today the board has also approved the proposal for this particular fundraise by way of infrastructure bonds,” Binod Kumar, Managing Director and Chief Executive Officer (M ...