IIFCL Current Affairs, GK & News

Government inks $300 million loan agreement with ADB to support IIFCL

November 17, 2018

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: 

Topics:  • • • • •

Credit Enhancement Fund: Government to launch Rs.500 crore fund

June 12, 2018

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: 

Topics:  • • • • • • • •