Iifcl
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IIFCL seeks Sebi nod to raise Rs 8,171 cr through tax-free bonds
Fp Archives •Should you go for IIFCL (Tranche 2) tax free bonds?
Bindisha •The issue size is up to Rs 200 crore with an option to retain over-subscription of up to the shelf limit of Rs 6,331.1231 crore. Keep in mind just like the Tranche 1 series, this too is a secured redeemable non-convertible bond.
IIFCL launches $1 billion infrastructure debt fund
Fp Archives •The government-run India Infrastructure Finance Company Limited (IIFCL) Tuesday launched its first infrastructure debt fund (IDF) with targeted initial corpus of $1 billion
Can you afford to ignore the Hudco tax free bonds?
Bindisha •The latest addition to the list of tax-free binds is Housing and Urban Development Corp (HUDCO). This issue will remain open from 9 January-22 January. The issue seeks to raise Rs 750 crore with an option to retain up to Rs 5,000 crore.
IIFCL targets Rs 9,215 cr through tax-free bonds
Fp Archives •IIFCL has set a target of Rs 30,000 crore loan disbursement for this fiscal.
Should you invest in IIFCL tax free bonds?
Bindisha •It's raining tax free bonds. Earlier this month, Rural Electrification Corp and Power Finance Corp, launched it tax-free bond issue. Yesterday, IIFCL launched its tax-free bond issue.
Nine public firms join hands to fund infra project
Fp Archives •Banks have been cautious to lending to infrastructure projects due to various reasons, including land issues.
IIFCL to launch $1 bn infra debt fund by Feb
Fp Archives •India has targeted $1 trillion to overhaul the country's clogged roads, railways and ports over the five years to 2017.
Rating outlook upgrade to soften lenders' cost of funds: Indian Banks Assoc
Fp Archives •The upgrade in the outlook comes at a time when banks in the country are looking at raising money from abroad, especially for the new instrument of tier-I bonds under the Basel-III capital framework
Nabard gets new Chairman in H K Bhanwala
Fp Archives •Bhanwala succeeds Prakash Bakshi, who retired in September, the apex agriculture development bank in a statement.