The government should explore various options that can nurture IDF in an industry-friendly way, writes Vivek Rao. While conceptually Infrastructure Debt Funds (IDFs) would be very attractive for all stakeĂÂholders of the infrastructure sector including private sector developers, banks as well as the goverĂÂnment, IDFs would have to address certain challenges.
Tag: insurance
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Given banks' experience, it'd be advantageous for them to launch IDFs
How will banks respond to the IDF allowance by the government? BK Batra, Executive Director, IDBI Bank, explains that this well thought-out scheme nevertheless needs to be tweaked to be fully productive.
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More on Board
The Board of Directors of Larsen & Toubro announced that R Shankar Raman will be appointed Chief Financial Officer of the Company on 6 September 2011, and will subsequently be elevated to the Board on 1 October 2011.
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RBI suggests holding company model
Large financial groups will adopt a holding company model irrespective of their having a bank, an RBI appointed working group has suggested.
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