https://www.taxtmi.com/article/detailed?id=1578 Infrastructure Debt Funds are established as SEBI regulated mutual funds or RBI regulated NBFCs to channel long term debt into infrastructure. Sponsors must satisfy regulatory capital, asset quality, profitability and supervisory standards; IDF NBFCs require minimum investment grade credit ratings and sponsor equity participation within prescribed ranges. Mandatory tripartite agreements govern transfer of senior debt, termination triggers and compulsory buyout mechanics. Foreign investment by eligible SEBI registered nonresident investors into bonds and units is permitted subject to investor eligibility, instrument eligibility, maturity and lock in conditions, quantitative caps, ECB compliance for foreign currency bonds, and hedging provisions under FEMA. en-us Sat, 21 Jan 2012 10:27:11 +0530 Sat, 21 Jan 2012 10:27:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1578 Infrastructure Debt Funds are established as SEBI regulated mutual funds or RBI regulated NBFCs to channel long term debt into infrastructure. Sponsors must satisfy regulatory capital, asset quality, profitability and supervisory standards; IDF NBFCs require minimum investment grade credit ratings and sponsor equity participation within prescribed ranges. Mandatory tripartite agreements govern transfer of senior debt, termination triggers and compulsory buyout mechanics. Foreign investment by eligible SEBI registered nonresident investors into bonds and units is permitted subject to investor eligibility, instrument eligibility, maturity and lock in conditions, quantitative caps, ECB compliance for foreign currency bonds, and hedging provisions under FEMA. Articles FEMA - Foreign Exchange Management Sat, 21 Jan 2012 10:27:11 +0530 https://www.taxtmi.com/article/detailed?id=1578