Need for Developing New Instruments, like Credit Enhancement to Enable Increased Financing for Infrastructure Projects, Says FM; Launches the Pilot Transaction under Credit Enhancement Scheme, a Major Initiative of IIFCL.

Need for Developing New Instruments, like Credit Enhancement to Enable Increased Financing for Infrastructure Projects, Says FM; Launches the Pilot Transaction under Credit Enhancement Scheme, a Major Initiative of IIFCL. https://www.taxtmi.com/news?id=2648 The Government launched a pilot Credit Enhancement Scheme administered by IIFCL, using partial credit guarantees (in association with an international partner) to uplift infrastructure bond ratings and make them eligible for insurance companies and pension funds. MoUs among IIFCL, LIC, seven public sector banks, and HUDCO create a single-window financing mechanism to accelerate financial closure, address bank asset-liability and exposure constraints, free bank capital, and channel long-term funds into infrastructure while reducing developers' financing costs. en-us Thu, 05 Jan 2012 18:43:12 +0530 Thu, 05 Jan 2012 18:43:12 +0530 TaxTMI RSS Generator Need for Developing New Instruments, like Credit Enhancement to Enable Increased Financing for Infrastructure Projects, Says FM; Launches the Pilot Transaction under Credit Enhancement Scheme, a Major Initiative of IIFCL. https://www.taxtmi.com/news?id=2648 The Government launched a pilot Credit Enhancement Scheme administered by IIFCL, using partial credit guarantees (in association with an international partner) to uplift infrastructure bond ratings and make them eligible for insurance companies and pension funds. MoUs among IIFCL, LIC, seven public sector banks, and HUDCO create a single-window financing mechanism to accelerate financial closure, address bank asset-liability and exposure constraints, free bank capital, and channel long-term funds into infrastructure while reducing developers' financing costs. News - Thu, 05 Jan 2012 18:43:12 +0530 https://www.taxtmi.com/news?id=2648