HDFC Bank explores infrastructure bonds for fundraising up to Rs 15,000 crore
In India, infrastructure bonds are instrumental in attracting substantial investments into the nation's development projects. These financial instruments are issued by corporations, financial institutions, or government bodies to raise bonds dedicated to infrastructure development. They enable investors to support critical sectors like transportation, energy, telecommunications, and housing, thereby promoting economic growth and improving public amenities. Infrastructure bonds offer appealing investment prospects with stable returns while contributing significantly to the country's economic progress and sustainability objectives. "After the election-induced volatility, bond markets have stabilized, making infrastructure bonds an attractive option for HDFC Bank. These instruments offer flexibility in managing statutory liquidity ratio (SLR) and cash reserve ratio (CRR)," disclosed a knowledgeable source. HDFC Bank is actively exploring the issuance of infrastructure bo...