Macquarie Group and State Bank of India are drawing up plans to raise $1 billion to $1.5 billion for their second fund to invest in infrastructure assets and companies in India, according to sources.
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By the end of next year, both projects and financial facilitation for them should reach a stage where it's smooth sailing for infrastructure sectors, if Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, has his way.
SBI can't sponsor infra fund
State Bank of India (SBI) can't set up a new unit to run the operation owing to a regulatory hurdle.
Macquarie SBI qualifies
Macquarie SBI Infrastructure Investment has qualified to participate in the construction of any highway project that costs up to Rs 9,200 crore.
Private Equity: Telecom's infra-sharing model can be replicated in other sectors
IDFC was established in 1997 to channel the private capital into the infrastructure sector, and IDFC Private Equity was established in 2002-3 to provide equity support to infrastructure sector.
There is a large gap in demand over supply of bank credit among bankable and viable projects
As the leader in a consortium lending to the Vizhinjam Seaport, State Bank of Travancore (SBT) will play a major role in Kerala’s industrialisation.

