Finance Minister Emphasizes the Need to Meet the Financing Requirements of the Infrastructural Deficit; Launches the Operations of India the First Infrastructure Debt Fund (IDF) under the NBFC Structure by Handing Over the First IDF – NBFC License to the Promoters of India Infra Debt Limited (INFRADEBT)- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation (LIC)

Finance Minister Emphasizes the Need to Meet the Financing Requirements of the Infrastructural Deficit; Launches the Operations of India the First Infrastructure Debt Fund (IDF) under the NBFC Structure by Handing Over the First IDF – NBFC License to the Promoters of India Infra Debt Limited (INFRADEBT)- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation (LIC) https://www.taxtmi.com/news?id=4699 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. en-us Wed, 20 Feb 2013 10:08:31 +0530 Wed, 20 Feb 2013 10:08:31 +0530 TaxTMI RSS Generator Finance Minister Emphasizes the Need to Meet the Financing Requirements of the Infrastructural Deficit; Launches the Operations of India the First Infrastructure Debt Fund (IDF) under the NBFC Structure by Handing Over the First IDF – NBFC License to the Promoters of India Infra Debt Limited (INFRADEBT)- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation (LIC) https://www.taxtmi.com/news?id=4699 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. News - Wed, 20 Feb 2013 10:08:31 +0530 https://www.taxtmi.com/news?id=4699