Question

    Which private bank raised ₹3,925 crore through

    infrastructure bonds in FY25?
    A ICICI Bank Correct Answer Incorrect Answer
    B Axis Bank Correct Answer Incorrect Answer
    C HDFC Bank Correct Answer Incorrect Answer
    D Kotak Mahindra Bank Correct Answer Incorrect Answer
    E Federal Bank Correct Answer Incorrect Answer

    Solution

    Axis Bank raised ₹3,925 crore through infrastructure bonds in the financial year 2024-2025: • When: On September 4, 2024 • Coupon: 7.45% • Type: 10-year infrastructure bonds  Infrastructure bonds are issued by government-authorized companies and NBFCs to fund infrastructure projects. They are popular for their tax-saving feature under section 80CCF

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