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<h1>Infrastructure debt financing expands long-term funding via first IDF-NBFC license to support completed PPP projects.</h1> The first Infrastructure Debt Fund under the NBFC structure was licensed to India Infra Debt Limited to raise domestic and foreign debt for PPP infrastructure projects that have completed at least one year of operations. The IDF aims to diversify long term funding sources, address the infrastructural financing deficit, and mitigate bank asset liability mismatch by taking over existing bank debts. Credit enhancement and project authority buy out guarantees are expected to provide low cost long term debt and help maintain zero NPAs for the IDF NBFC.