SBI Raises ₹10,000 Crore via 15-Year Infrastructure Bonds at 7.36% Coupon State Bank of India (SBI), India’s largest public sector bank, has successfully raised ₹10,000 crore through 15-year infrastructure bonds with a coupon rate of 7.36%. This fundraising initiative aims to bolster the bank’s capital base and support the financing of critical infrastructure projects across…
RBI Approves REC to Establish Subsidiary in GIFT City The Reserve Bank of India (RBI) has recently granted approval to Rural Electrification Corporation (REC) to establish a subsidiary in the Gujarat International Finance Tec-City (GIFT City). This move comes as a significant development in the financial sector, particularly in the realm of infrastructure financing. Why…
India and UK Launch Infrastructure Financing Bridge In the ever-evolving landscape of global infrastructure development, India and the United Kingdom have taken a significant step forward by launching the “Infrastructure Financing Bridge.” This collaborative effort aims to foster robust financial support and expertise exchange in the infrastructure sector. In this article, we delve into the…
RBI’s Revised Guidelines for IDF-NBFCs to Boost Infrastructure Financing The Reserve Bank of India (RBI) has recently introduced revised guidelines aimed at bolstering Infrastructure Debt Funds-Non-Banking Financial Companies (IDF-NBFCs). This move comes as a significant step in India’s quest to accelerate infrastructure development and financing, which is vital for the nation’s growth. In this article,…
