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
Indian Railway Finance Corporation (IRFC) has sold two sets of bonds worth a total of ₹3,940 crore, while ________ has sold 10-year tier-II bonds wort...
Which of the following becomes 1st country to purchase BrahMos Supersonic Cruise Missile System from India?
Which bank has introduced a 175-day tenor fixed deposit at an interest of 7.50 per cent per annum for deposits of ₹2 crore & above to less than Rs.50 ...
__________ is the interest rate at which the Reserve Bank of India provides money to the scheduled commercial banks who are facing acute shortage of liq...
Which of the following statements is/are NOT TRUE with respect to the PM Vishwakarma Scheme ?
I.The Reserve Bank of India (RBI) has decided to ex...
The first monetary policy committee (MPC) was constituted on which of the following year?
Which of the following are instruments that facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, etc....
Where are the headquarters of Zomato?
Urjit Patel has been appointed as VP of AIIB for which of the following region?
All India Bank Employees Association (AIBEA) is the oldest and largest national trade union of bank employees in India, was founded in?