Is Iifcl a government company?
IIFCL is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as …
When was Iifcl established?
January 5, 2006
India Infrastructure Finance Company Limited/Founded
Where is the headquarter of Iifcl?
India Infrastructure Finance Company Limited (IIFCL) is a banking company based out of 8th Floor, Hindustan Times Building 18 & 20, Kasturba Gandhi Marg, Mumbai East, Maharashtra, India.
What is infrastructure finance?
The financing of projects or companies involved in these sectors is called infrastructure financing. However, this definition is more for the government’s internal operations. This definition is used in order to provide tax breaks or subsidies that have been promised to the infrastructure sector.
What is Indian infrastructure?
Infrastructure is a major sector that propels overall development of the Indian economy. This section focuses on power, bridges, dams, roads and urban infrastructure development.
What is Sifti?
SIFTI means Scheme for Financing Viable Infrastructure Projects through a. Special Purpose Vehicle called India Infrastructure Finance Co Ltd (IIFCL) and implemented by IIFCL.
Which is the largest NBFC in India?
Tata Capital Financial Services Limited is top of India’s leading NBFCs.
Why India infrastructure is poor?
India’s infrastructure is simply not good enough to facilitate the expansion of the manufacturing sector, or meet the needs of a rapidly increasing middle class. The business community has continuously cited poor infrastructure as the biggest constraint towards improving economic growth and corporate performance.
What is the role of innovative financial instruments like takeout financing in the infrastructure sector?
The takeout finance scheme has been designed to enable lenders to address the concern of the hitting the sectoral limit, asset-liability mismatch and liquidity issues that may arise by the long-term debt financing to core projects. Reduction in rate of interest, subject to revised risk profile of the project.
What is another word for infrastructure?
In this page you can discover 21 synonyms, antonyms, idiomatic expressions, and related words for infrastructure, like: economic-development, basic structure, infra-structure, base, framework, integration, support, foundation, infrastucture, information technology and network.
What kind of Finance is needed for infrastructure in India?
Typically, infrastructure finance would be for the infrastructure projects depending on manufacturing projects, expansion and modernization projects carried out by infrastructure undertakings in India. Infrastructure finance is highly capital intensive and entails longer maturity with higher risk and prolonged real rate of returns.
How is infrastructure finance different from normal finance?
Features of infrastructure finance are some way differs from normal financing like production, manufacturing or expansion project. 1. Normally infrastructure finance has long maturity period and it extends to five years or more.
What is the purpose of IIFCL in India?
IIFCL is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI.
Who is the sole financier of infrastructure projects?
Traditionally, government has been the sole financier of infrastructure projects along with being responsible for implementation, operations and maintenance. There is a paradigm shift in recognising that this method may not be the best way to execute/finance such mega projects.