MUMBAI: Non-banking finance companies (NBFCs) such as IL&FS, IDFC, L&T Finance, Srei Infrastructure and India Infrastructure Finance Company (IIFCL) will find it easier to lend to infrastructure projects with the RBI creating a new category of NBFCs. The new category of NBFCs will be those that specialise in financing infrastructure projects and includes firms which have allotted 75% of their total...
|
MUMBAI:Non-banking finance companies (NBFCs) such as IL&FS, IDFC, L&T Finance,Srei Infrastructure and India Infrastructure Finance Company (IIFCL) will findit easier to lend to infrastructure projects with the RBI creating a newcategory of NBFCs.The new category of NBFCs will be those thatspecialise in financing infrastructure projects and includes firms which haveallotted 75% of their total assets...
|
Vas Infrastructure reports net loss of Rs 0.17 crore in the September 2009 quarterVas Infrastructure reported...
|
Reliance Spot Exchange Infrastructure, a group company of Reliance ADAG, today sought infrastructure status for the national commodity spot exchanges....
|
Union finance minister Pranab Mukherjee today said the government is considering setting up regulators for the coal and other infrastructure sectors. "Serious deliberations are underway for establishing a regulator for the coal sector and similar thought is now being given to other infrastructure sectors as well," he said at a CII-organised 'South Asia Conclave on Enabling Regulation for Investment...
|
said the government was considering setting up regulators for coal and other infrastructure sectors.“Serious deliberations are under way for establishing a regulator for the coal sector and similar thought is now being given to other infrastructure sectors as well,” Mr. Mukherjee said at the “South Asia conclave on enabling regulation for investment in infrastructure,” organised by the Confederation...
|
Asian Development Bank (ADB) today approved up to 700 million dollars in loans to accelerate its rollout of infrastructure projects through public-private partnership (PPP) initiatives. The ADB's Board of Directors in Manila sanctioned a multitranche loan for the second India infrastructure project financing facility. The loan will be released over five years to the state-owned India Infrastructure...
|
RBI’s move to remove roadblocks for greater role of NBFCs in financing infra projects in its credit policy, is seen as a positive move for companies lending to infra sector.The Reserve Bank announced on Tuesday that NBFCs holding 75 per cent of their total assets for financing infrastructure projects will now be classified as infrastructure NBFCs and more importantly their risk would be linked to the...
|
National Bank for Agriculture and Rural Development(NABARD) had sanctioned Rs 49.53 crore for the development of Technopark at Kollam.A release from Information Technology(IT), Kerala, said here today, this was the second funding by NABARD for an IT Infrastructure project under the Rural Infrastructure Development Fund(RIDF) scheme. The initial one was for the infrastructure development of Infopark...
|
Multilateral lendingagency Asian Development Bank today said it will provide up to $700 million(around Rs 3,360 crore) loan to India for accelerating infrastructure projectsthrough public-private partnership initiatives."The AsianDevelopment Bank (ADB) will provide India up to $700 million in loans toaccelerate its roll-out of infrastructure projects through public-privatepartnership (PPP) initiatives,"...
|
