The Cabinet Committee on Economic Affairs has approved the following steps to promote the operationalization of Infrastructure Debt Funds (IDFs): (a) Capping of the annual Guarantee Fee payable to the Concession Authority at 0.05% p.a. of outstanding debt financed by the IDF NBFC (Non Banking Financial Companies) for the first three years of operation of… Read More
Tags: Bank, Financial services, Infrastructure Debt Funds, Israel Defense Forces, Mutual fund, Non-banking financial company, Run batted in, United States
Infrastructure Debt Funds (IDFS) to Play a key role in the Financing of the Overall Requirements of Infrastructure Funding , says Arvind Mayaram, Secretary, DEA; CRISIL AAA Credit Rating to India Infradebt Limited An IDF-NBFC Shri Arvind Mayaram, Secretary, Department of Economic Affairs, Ministry of Finance said that Infrastructure Debt Funds (IDFs) are going to… Read More
Tags: Chanda Kochhar, CRISIL, Finance Ministry, IDF, India, Israel Defense Forces, Kuwait Investment Authority, Secretary of State for Economic Affairs
Finance Minister Launches Maiden infrastructure Debt fund (IDF) Scheme of IIFCL Mutual Fund for Catalysing Investment in Infrastructure Sector; FM for Mobilsation of Resources From Insurance and Pension Sector for IDFs The Union Finance Minister Shri P. Chidambaram said that for Infrastructure Debt Funds (IDFs), we should try to mobilise resources from insurance and pension… Read More
Tags: Andhra Pradesh, Canara Bank, Corporation Bank, India, Israel Defense Forces, Mutual fund, Oriental Bank of Commerce, P. Chidambaram
India Ratings & Research (Ind-Ra) has announced its rating on the Mutual Fund (MF) schemes of the Infrastructure Debt Fund (IDF) Series 1, launched by IL&FS Financial Services Ltd (IFIN, ˜IND AAA™/Stable), a 100% subsidiary of Infrastructure Leasing & Financial Services Ltd. (IL&FS, ˜IND AAA™/Stable) under the Securities and Exchange Board of India (SEBI) guidelines.… Read More
Tags: Financial services, India, Infrastructure Leasing & Financial Services, Israel Defense Forces, ministry of finance, Mutual fund, SEBI, Securities & Exchange Board of India