BOI will raise up to Rs 50 Bn via infrastructure bonds

05 Jul 2024 CW Team

Days after the State Bank of India (SBI) issued its infrastructure bonds, public sector lender Bank of India (BOI) intends to raise up to Rs 50 billion using the same instrument. According to BOI authorities, the proposed infra bond issue has been rated "AA+" by rating firm India Ratings. Later this week, the capital raising committee will get together to formalise the fundraising strategy. The state of the market would determine the precise amounts raised and when. The state-run lender looked into infra bonds because of SBI's higher fundraising rates as well as the rising need for funding from renewable energy companies and affordable housing, according to BOI officials. As of the end of March 2024, BOI has Rs 588 billion in infrastructure loans outstanding. SBI has garnered Rs. 100. Regulations pertaining to reserve requirements, such as the Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR), do not apply to funds generated through infrastructure bonds. One can use the whole amount for lending activities. Banks are required to retain 4.5% of the funds they collect via deposits with the Reserve Bank of India as CRR. In order to keep SLR, they must also invest around 18% of their income in equities. According to CRISIL Ratings, investments in India's main infrastructure sectors?renewable energy, highways, and real estate?are expected to increase by 38% to Rs 15 trillion in the fiscal years 2025 and 2026 as compared to the preceding two fiscal years.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..