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Banks raise $2 billion using infrastructure bonds in 2 weeks
Resurgence in demand for infra funds is due to activity increase
Jaypee Group's flagship firm has defaulted on loans of 40590 million
Raised through bonds to fund business growth
This year, ICICI's outstanding infra bond borrowings totaled Rs 40,824 cr
ICICI Bank has extended a Rs 5 billion line of credit for the project
Resurgent Power Ventures is a JV between Tata Power and ICICI Bank
The company admits liability of over Rs 13,380 cr to bankruptcy court
The bonds will be listed on BSE and will have 3 year maturity
Tata Power Co rose 1.39% to Rs 225.70
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