Press Esc to close
Wednesday 04 March 2015
News updated at 8:43 PM IST
Weather
Max: 31.7°C
Min : 16.9°C
In Bengaluru
clear sky

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

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1414082100910-3'); });
Photo Gallery
Ireland's George Dockrell is bowled for 25 runs by South Africa's Morne Morkel to end their Cricket

Ireland's George Dockrell is bowled for 25 runs by South Africa's Morne Morkel to end their Cricket

The debris is being cleared after landslides on Jammu-Srinagar Jammu National Highway

The debris is being cleared after landslides on Jammu-Srinagar Jammu National Highway

Artist staged a play Visa Nirikshaneyelliddaga at the inauguration of Dalita Natakotsava

Artist staged a play Visa Nirikshaneyelliddaga at the inauguration of Dalita Natakotsava

Badly damaged road in Bengaluru

Badly damaged road in Bengaluru

A Zimbabwe farm worker harvests tobacco at a farm ahead of the tobacco selling season starting on We

A Zimbabwe farm worker harvests tobacco at a farm ahead of the tobacco selling season starting on We

Snowfall in Kashmir

Snowfall in Kashmir

Britain's Queen Elizabeth and Mexico's President Enrique Pena Nieto ride a carriage as they leave Ho

Britain's Queen Elizabeth and Mexico's President Enrique Pena Nieto ride a carriage as they leave Ho

A model presents a creation by French designers Francois Alary and Ophelie Klere as part of their

A model presents a creation by French designers Francois Alary and Ophelie Klere as part of their

A general view of the 85th International Motor Show in Geneva

A general view of the 85th International Motor Show in Geneva

Kenya Wildlife Service rangers burn 15 tonnes of ivory confiscated from smugglers and poachers to ma

Kenya Wildlife Service rangers burn 15 tonnes of ivory confiscated from smugglers and poachers to ma

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