<h1>Ministry Allows 30-Year Secured Debentures for ID-NBFCs, Eases Housing Finance Conditions, Updates Valuation Report Rules.</h1> The Ministry has authorized Infrastructure Finance Companies and Infrastructure Debt Fund Non-Banking Financial Companies (ID-NBFCs) to issue secured debentures with a maturity period of up to thirty years. Housing Finance companies have been granted eased conditions for maintaining Debenture Redemption Reserves, aligning with NBFCs registered with the RBI. Amendments to the relevant rules have been published. Additionally, companies can engage an independent Merchant Banker registered with SEBI or a Chartered Accountant with at least ten years of experience to prepare valuation reports for preferential share allotments. The notification is available on the Ministry's website.