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Q:

Which bank has recently raised Rs 7,425 crore through an infrastructure bond issue?

  • 1
    State Bank of India
  • 2
    HDFC Bank
  • 3
    Punjab National Bank
  • 4
    Federal Bank
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Answer : 2. "HDFC Bank"
Explanation :

HDFC Bank has recently raised Rs 7,425 crore through infrastructure bond issue. The bank has raised these funds for financing infrastructure and affordable housing projects. 7,42,500 bonds of face value Rs 1,00,000 were issued to raise Rs 7,425 crore.

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