LIC Presents the Cheque of 2000 crore as the First Tranche of Funding Assistance to Railways The move Marks the Beginning of a Historic Milestone in the form of Institutional Financing for the First time Becoming Available for Railway Projects Suresh Prabhu : Fresh Investments to Help Decongest the Network, Increase Traffic Output and Generate Adequate Internal Resources https://www.taxtmi.com/news?id=15122 LIC presented the first tranche of its committed institutional funding to IRFC as long term capital for railway projects. The financing matches project needs by offering a long tenor with an initial moratorium, an early interest only period followed by repayment in equated instalments, and pricing tied to the benchmark government yield plus a modest spread. Funds are intended for capacity enhancement, decongestion, increased traffic output, and both new and ongoing projects that deliver quick benefits, with IRFC acting as the channel for deployment. en-us Tue, 27 Oct 2015 16:38:11 +0530 Tue, 27 Oct 2015 16:38:11 +0530 TaxTMI RSS Generator LIC Presents the Cheque of 2000 crore as the First Tranche of Funding Assistance to Railways The move Marks the Beginning of a Historic Milestone in the form of Institutional Financing for the First time Becoming Available for Railway Projects Suresh Prabhu : Fresh Investments to Help Decongest the Network, Increase Traffic Output and Generate Adequate Internal Resources https://www.taxtmi.com/news?id=15122 LIC presented the first tranche of its committed institutional funding to IRFC as long term capital for railway projects. The financing matches project needs by offering a long tenor with an initial moratorium, an early interest only period followed by repayment in equated instalments, and pricing tied to the benchmark government yield plus a modest spread. Funds are intended for capacity enhancement, decongestion, increased traffic output, and both new and ongoing projects that deliver quick benefits, with IRFC acting as the channel for deployment. News - Tue, 27 Oct 2015 16:38:11 +0530 https://www.taxtmi.com/news?id=15122