Press Esc to close
Sunday 28 August 2016
News updated at 12:13 AM IST
Weather
Max: 28.7°C
Min : 19.9°C
In Bengaluru
Generally cloudy
Breaking News

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
Neeta Ambani along with actor Ranbir Kapoor at the launch of Reliance foundation youth sports...

Neeta Ambani along with actor Ranbir Kapoor at the launch of Reliance foundation youth sports...

Monica Besra, beneficiary of Mother Teresa's first 'miracle' at her house at Nattor village...

Monica Besra, beneficiary of Mother Teresa's first 'miracle' at her house at Nattor village...

A new born baby is rescued at the medical college & Hospital where a major fire broke out...

A new born baby is rescued at the medical college & Hospital where a major fire broke out...

Irom Chanu Sharmila offers prayer at Kangla fort after released from JNIMS security ward in Imphal..

Irom Chanu Sharmila offers prayer at Kangla fort after released from JNIMS security ward in Imphal..

Dalit leader Jignesh Mevani (R) being honoured by Ambedkar Mahasabha in Lucknow...

Dalit leader Jignesh Mevani (R) being honoured by Ambedkar Mahasabha in Lucknow...

Roland Folger, MD & CEO, Mercedes Benz India at the Mercedes-Benz Luxe Drive...

Roland Folger, MD & CEO, Mercedes Benz India at the Mercedes-Benz Luxe Drive...

Olympic Silver Medalist P V Sindhu visits Mahakali Temple in Hyderabad...

Olympic Silver Medalist P V Sindhu visits Mahakali Temple in Hyderabad...

Launching postal stamp of Shivarathri Rajendra Swami, as part of his Birth Centenary Celebrations...

Launching postal stamp of Shivarathri Rajendra Swami, as part of his Birth Centenary Celebrations...

People on boat wade through flooded river in Didarganj area in Patna...

People on boat wade through flooded river in Didarganj area in Patna...

Chief Minister of Kerala Pinarayi Vijayan inaugurates Doha Bank's Kerala branch in Kochi...

Chief Minister of Kerala Pinarayi Vijayan inaugurates Doha Bank's Kerala branch in Kochi...

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