mechanism proposed by the IIFCL
IndiaInfrastructure Finance Co. Ltd (IIFCL)’s UK subsidiary aims to raise $1 billion in foreign parts by knocking the alternate foundations of funding to lend more. Currently, IIFC (UK) is financed by $5 billion Reserve Bank of India (RBI) line of credit. Since the central bank of the country is implausible about extending the credit limit, [...] Continue Reading »
S B Nayar, chairman and managing director, IIFCL (India Infrastructure Finance Company Limited) is hopeful about the infrastructure sector with the shift in electoral charge. He mentioned that in the recent past, particularly last year, there hardly has been any investment in this sector by the UPA Government. He also feels that there should be [...] Continue Reading »
In a working paper on infrastructure finance submitted recently to the Reserve Bank of India (RBI), state-run IIFCL has urged the country’s top bank to ease repayment periods, so that infrastructure firms can be protected against potential cash blows. The IIFCL has made a request to the RBI to give the lenders the ability to extend [...] Continue Reading »
