Web Sify
Follow us on
Sify.com » Topics » NBFC
NBFC News
Infra firms to dominate, to tailor issues to FII needs
L&T Infra to raise Rs 1,100 cr via tax-saving infrastructure bonds
L&T Infrastructure, the infrastructure-financing arm of L&T Financial Holdings, will be looking to raise a total of Rs 1,100 crore via issue of tax-saving infrastructure bonds, this financial year. The non-banking financial company (NBFC) will be issuing the first tranche of the bonds from November 25 and will try to raise the entire amount in one go. "These bonds are a source of steady cash flow.