The Reserve Bank of India (RBI) has permitted non-banking finance companies operating as Infrastructure Debt Fund (IDF-NBFCs) to raise money through external commercial borrowings (ECBs) wherein these borrowings will be subject to a minimum tenor of ______years.
The Reserve Bank of India (RBI) has permitted non-banking finance companies operating as Infrastructure Debt Fund (IDF-NBFCs) to raise money through external commercial borrowings (ECBs). These borrowings will be subject to a minimum tenor of five years, and IDF-NBFCs are prohibited from sourcing the ECB loans from the foreign branches of Indian banks, as stated by the RBI in communication to the companies. The aim was to enable IDF-NBFCs to play a more substantial role in financing the infrastructure sector and to bring the relevant regulations into harmony. The revised framework includes the withdrawal of the requirement for a sponsor for the IDFs, and it makes the tripartite agreement optional for Public Private Partnership (PPP) projects. Previously, IDF-NBFCs were mandated to enter into a tripartite agreement with both the dealer and the project authority for investments in PPP infrastructure projects that involved a project authority
The Act that is also known as ‘Morley-Minto Reforms’ is:
Which of the following statements is NOT true for Indian monsoons?
Which edition of India International Trade Fair (IITF) took place in the year 2021?
Which State of India is located in the north of tropic of Cancer?
Was the first president of the Rajya Sabha
Which one of the following statements is not correct?
What is the target of India's Logistics Policy?
Which of the following are ‘permanent winds?
A) Trade winds
B) Westerlies
C) Easterlies
D) Monsoon winds
W ho among the following added a new dimension to food security and emphasised the “access” to food through what he called entitlements?
President Droupadi Murmu became the first Indian to be honoured with the Grand Order of the Chain of the Yellow Star. It is the highest civilian award o...
