Indian Bank and NaBFID to Raise Rs 80 Billion via Bonds by March

25 Mar 2026 CW Team

The bond mobilisation aims to strengthen the bank balance sheet and to provide predictable funding for priority sectors without specifying individual projects. Issuance is likely to include a mix of tenors to match asset liabilities and to appeal to a broad investor base. Market observers noted that timing and pricing will determine investor appetite amid prevailing interest rate conditions. Pricing will be set to reflect credit profiles and prevailing yield curves.

The move aligns with broader policy efforts to channel stable credit into infrastructure development and to deepen the domestic bond market. NaBFID, established to finance large scale infrastructure, will work with Indian Bank to position the offering for institutional investors. The arrangement is intended to enhance financial intermediation for medium and long term infrastructural needs. The initiative may also support the development of longer dated instruments in the domestic market.

Regulatory approvals and market clearances will be finalised ahead of individual issuances and the parties will adhere to applicable guidelines. The successful completion of the programme would increase available long term rupee resources and could support sustained credit flows to infrastructure sectors. Officials involved said the schedule remains subject to market conditions and compliance requirements.

Market participants will watch the bids closely as the calendar advances. Investors will consider liquidity and regulatory treatment before committing to longer tenors. Plans remain flexible.

Indian Bank and the National Bank for Financing Infrastructure and Development (NaBFID) said they will raise Rs 80 billion (bn) through bond issuances by March. The announcement indicated the funding programme is intended to mobilise long term resources to support lending and infrastructure projects. The plan will see coordinated market offers to meet the target within the stated timeframe. The entities plan to sequence offerings to align with investor demand and market windows. The bond mobilisation aims to strengthen the bank balance sheet and to provide predictable funding for priority sectors without specifying individual projects. Issuance is likely to include a mix of tenors to match asset liabilities and to appeal to a broad investor base. Market observers noted that timing and pricing will determine investor appetite amid prevailing interest rate conditions. Pricing will be set to reflect credit profiles and prevailing yield curves. The move aligns with broader policy efforts to channel stable credit into infrastructure development and to deepen the domestic bond market. NaBFID, established to finance large scale infrastructure, will work with Indian Bank to position the offering for institutional investors. The arrangement is intended to enhance financial intermediation for medium and long term infrastructural needs. The initiative may also support the development of longer dated instruments in the domestic market. Regulatory approvals and market clearances will be finalised ahead of individual issuances and the parties will adhere to applicable guidelines. The successful completion of the programme would increase available long term rupee resources and could support sustained credit flows to infrastructure sectors. Officials involved said the schedule remains subject to market conditions and compliance requirements. Market participants will watch the bids closely as the calendar advances. Investors will consider liquidity and regulatory treatment before committing to longer tenors. Plans remain flexible.

Infrastructure Urban

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Real Estate

04 Aug 2026

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Real Estate

04 Aug 2026

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..