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IIFCL infra credit scheme

IIFCL infra credit scheme

The credit enhancement scheme of India Infrastructure Finance Company (IIFCL) may be delayed further, as the finance ministry has asked the state-run lender to try it out for a few months before final launch. A credit enhancement product would allow IIFCL to upgrade the rating of infrastructure bonds since the state-owned company is expected to give a guarantee to these papers.

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