India Infrastructure Finance Company
In an evident gearing-up attempt to fund the massive infrastructure plans of the new government, India Infrastructure Finance Company (IIFCL) is assessing the option of overseas bond issuance. According to the information shared by IIFCL Chairman and Managing Director SB Nayar, the IIFCL has a credit line of $5 billion from the Reserve Bank of India [...] Continue Reading »
“We have seen interests from both global as well as domestic investor that is why there is a huge potential for investment in the infrastructure projects. Although we have seen a downfall recently but the market will be in pace in the coming months, “said by IL&FS Financial Services Managing Director and Chief Executive Officer [...] Continue Reading »
Fund collected by Indian companies through retail issues of non-convertible debentures has increased over two times during current financial year. A collective amount of Rs 16,982 crore was gathered by 15 firms through their NCDs in the entire 2012-13 fiscal. NCDs are loan-linked bonds which are issued by a company that cannot be changed in [...] Continue Reading »
