Finance Minister Emphasizes the Need to Meet the Financing Requirements of the Infrastructural Deficit; Launches the Operations of India the First Infrastructure Debt Fund (IDF) under the NBFC Structure by Handing Over the First IDF – NBFC License to the Promoters of India Infra Debt Limited (INFRADEBT)- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation (LIC)
The Union Finance Minister, Shri P. Chidambaram today launched the operations of India Infra Debt Limited (Infradebt), the first Infrastructure Debt Fund (IDF) under the NBFC structure by handing over the first IDF – NBFC license to Infra Debt in presence of the promoters, ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation …