So far in 2025-26, only three banks—Bank of India, Bank of Baroda, and Axis Bank—have tapped infrastructure bonds, raising a total of ₹25,000 crore, as against ₹Rs 94,488 crore raised by 11 lenders a year ago, according to ratings firm Icra Ltd. Source
Bank of Baroda, India’s second-largest public sector lender, is preparing to raise about $500 million through an issue of US dollar bonds as part of its $4 billion medium-term note programme, according to a document seen by mint. The bank has invited bids to appoint joint lead managers for the proposed issuance, signaling the start…
