Money & Banking

IDFC extends infra bonds deadline

Our Bureau Mumbai | Updated on March 15, 2011

Infrastructure Development Finance Company (IDFC) has extended the closing date of its long-term infrastructure bonds by five days to March 21.

The bonds have a face value of Rs 5,000 each and are secured, redeemable, non-convertible debentures, having benefits under Section 80 CCF of the Income Tax Act. The issue opened on February 28.

IDFC expects to mop up

Rs 3,400 crore through the issue.

Published on March 15, 2011

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