The Reserve Bank of India (RBI) has delegated to banks the power to approve in cases where the average maturity period of fresh external commercial borrowing (ECB)
Category: Infrastructure Finance
Post
Post
DPDHL to invest €100 M
Deutsche Post DHL (DPDHL) is set to invest €100 million (about Rs 797 crore) over the next two years in India
Post
ADB raises Rs 300 cr
Asian Development Bank (ADB) has raised Rs 300 crore from its maiden issuance of offshore Indian rupee-linked bonds.
Post
Steps initiated to corporatise ports
The Union government has initiated steps aimed at corporatising India´s major ports and has started the process for appointment of a world-class consultant to come out with a draft report for amendments in the relevant act do so.
Post
First and Only Chinese Mainland Bank in India
Industrial and Commercial Bank of China Limited, Mumbai Branch (Hereinafter referred to as ¨the Branch¨) is the first and only representative of Chinese mainland banks in India and was granted the final license by Reserve Bank of India on May 16, 2011.
Post
Global pension funds have both liquidity and appetite for long-term investments
In a freewheeling conversation, Moses Harding, Group CEO and Chief Economist, Srei Infrastructure Finance Limited, says that he is bullish over the prospects of the infrastructure finance sector.
Post
US gives infra initiative draft MoU
India and the US have identified areas where the two countries can start immediate collaboration, which include investment, cluster-related initiatives, investment summit and identification of projects
Post
Gayatri Proj to raise capital
The Board of Directors of Gayatri Projects Ltd has decided to double the authorised capital of the company, from Rs 40 crore to Rs 80 crore, to increase the borrowing power of the company and to raise additional funds
Post
ICICI Bank plans infra bonds
ICICI Bank is planning to raise Rs 1,000 crore of funds through infrastructure bonds. The lender is planning to issue 10-year bonds worth Rs 500 crore with an equal
Post
ILFS IML to raise $1 bn
IL&FS Investment Managers Ltd (ILFS IML), the private equity arm of IL&FS, will raise about $1 billion (Rs 6,000 crore) from primarily overseas investors to invest in roads,