Press Esc to close
Tuesday 30 June 2015
News updated at 1:39 PM IST
Weather
Max: 30°C
Min : 21°C
In Bengaluru
Rain lightly

Cabinet approves Rs.400 crore capital funds for IIFCL

New Delhi, Sep 12, 2013, (IANS)
Fille Photo.

The Cabinet Thursday approved a proposal to provide Rs.400 crore to the India Infrastructure Finance Company Ltd (IIFCL) during 2013-14.

This will help IIFCL fund viable infrastructure projects through long-term debt, takeout finance and credit enhancement, a government release said here.

This will supplement the available long-term finance for commercially viable infrastructure projects and enable raising long-term funds from domestic and overseas markets, including bilateral and multilateral institutions, at low-cost for onward long-term lending to infrastructure sector.


Go to Top

Photo Gallery
Stranded Chardham pilgrims

Stranded Chardham pilgrims

boy, whose parents say they belong to the Rohingya community...

boy, whose parents say they belong to the Rohingya community...

A worker dries vermicelli, used to make a traditional sweet dish...

A worker dries vermicelli, used to make a traditional sweet dish...

A Muslim man calls for the evening prayer...

A Muslim man calls for the evening prayer...

BJP protest in Delhi

BJP protest in Delhi

A Kashmiri Muslim woman prays...

A Kashmiri Muslim woman prays...

Chennai Metro services launched

Chennai Metro services launched

Anganwadi volunteers protest

Anganwadi volunteers protest

An Indian man pedals a cycle as a boy pushes it through a flooded street...

An Indian man pedals a cycle as a boy pushes it through a flooded street...

Canada Open 2015

Canada Open 2015

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523