In a significant step towards promoting sustainable infrastructure, the government-owned financial institution IIFCL unveiled its Climate Strategy 2030 document during the Vigilance Meet held on October 30 in New Delhi. The document was released in the presence of Dr. PR Jaishankar, Managing Director, IIFCL, with AS Rajeev, Vigilance Commissioner, Central Vigilance Commission, as the Chief...
Tag: financial institution
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Rs.2,000 crore for Puducherry infra
Puducherry Chief Minister V Narayanasamy has said that The Agence Francaise Developpement (AFD), a public financial institution in France would extend assistance of over Rs.2,000 crore for developing infrastructure in the Union Territory
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IFCI seeks development financial institution status
IFCI Ltd is seeking to become a development financial institution as it would lower its cost of funds. The company will place a proposal with the government seeking the tag of a 'developmental financial institution' which could raise its credit rating and make its securities attractive to investors.
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Financial entities’ share in bond issue declines
Data collected by Prime Database shows that the share of financial sector entities in the total amount raised through private placement of bonds during April-September 2012 declined to 73.1 per cent from 90.3 per cent in 2011-12 and 78.3 per cent in 2010-11. The financial entities include primarily banks and non-banking finance companies (NBFCs). According to som