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 small businesses continued to face ________ with decrease in demand during the lockdown.
If news gets out that the company has become _________, they will stop getting further funds.
The opinions of the state and central governments were ____________ on the new policy.
The government is trying hard to ___________the MSME sector from the loss inflicted by the pandemic.
It is a necessity to __________ this project, but I don’t understand why the government is hesitating.
All flights were cancelled due to heavy rainfall and the passengers were __________ at the airport.
The news about the marriage of a celebrity __________ the one about India entering the finals in Asia Cup.
These telemarketers have been calling me ___________, even though I said I was not interested in their product.
Steve Jobs is the legendary ___________ of Apple.
Companies have to ________ their unwanted expenditures to function smoothly.