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
Which city in Uttar Pradesh is known for its Jain temples and pilgrimage sites?
In December, 2021 FSSAI certified which of the following market as the Clean and Fresh fruit and vegetable market of India.
India’s first greenfield grain based ethanol production plant inaugurated in ………………….
When do we observe National Doctors Day annually?
National Parachute Training College is located at?
Which country was NOT one of the founding members of the 'BIMSTEC’?
Who was the first Vice-President of India.
How many members does the Election Commission of India have, including the Chief Election Commissioner?
What is the name of the airline company that was launched by stock market investor Rakesh Jhunjhunwala?
In New Delhi, India, from February 21 to 23, 2024, which edition of the Raisina Dialogue was held?
