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IIFCL will provide credit enhancement by way of unconditional and irrevocable partial credit guarantee to enhance the credit rating of the proposed bonds under its “Credit Enhancement Scheme”, to commercially viable infrastructure projects. Extent of Credit Enhancement · IIFCL can extend partial credit guarantee to the extent of 20% of Total Project Cost (up to 40% of Total Project Cost with a backstop guarantor/risk sharing partner). · However, total exposure of IIFCL will be a maximum of 20% of the Total Project Cost including exposure by way of direct lending. · However, the extent of guarantee / credit enhancement extended by IIFCL to any infrastructure project for its project bonds shall be limited to the extent which enhances the credit rating of the project bonds to its desired credit rating [minimum AA (India Domestic) rating or equivalent] subject to a maximum of 50% of the total amount of Project Bonds issued.
Which of the following is the most reactive element in the Periodic table?
Which Indian state boasts the longest coastline?
Between which two rivers was the ancient city of Takshashila located?
In the Mudra Loan Scheme, which type of loan is available for the entrepreneurs?
CriSidEx, India's first sentiment index for micro and small enterprises, was developed by CRISIL in partnership with which organization?
When is National Science Day observed?
What does the second R denote in the “RAFTAAR” scheme of the government of India?
Which committee recommended the establishment of the Central Vigilance Commission?
'Sampark 4.0' is an outreach initiative of which organization?
चीन ने हाल ही में दुनिया की सबसे लंबी हाई-स्पीड रेलवे लाइन-...