IIFCL Current Affairs, GK & News
Government inks $300 million loan agreement with ADB to support IIFCL
Union Government has inked $300 million Loan Agreement with Asian Development Bank (ADB) to support lending by India Infrastructure Finance Company Limited (IIFCL). The loan will enhance availability of long-term finance for PPP projects, improve operational capacity of IIFCL. It will expand portfolio of infrastructure financing instruments available to IIFCL. It is expected to compliment ..
Month: Current Affairs - November, 2018
Topics: IIFCL • India-ADB • infrastructure • infrastructure projects • Longterm Debt • National
Credit Enhancement Fund: Government to launch Rs.500 crore fund
Union Government is going to launch Rs.500 crore Credit Enhancement Fund (CEF) in July 2018 to facilitate infrastructure investments by insurance and pension funds. The CEF provides additional source of assaurance or gaurantee that borrower will service their loan. It also helps borrower to raise loans at lower interest rates. The fund was first announced ..
Month: Current Affairs - June, 2018
Topics: Business • Credit Enhancement Fund • Economy • IIFCL • Infrastructure Sector • Insurance sector • Investments • NBFCs • Pension Sector