Construction / Infrastructure in India
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Strong policy initiatives to spur infrastructure financing
INDIA, 2013/04/21 Non-banking financial companies (NBFCs)-Infrastructure Finance companies (IFC) should be permitted to access external commercial borrowing (ECB) on liberal terms to make them globally competitive, reveals the ASSOCHAM-Deloitte study. While releasing the study ASSOCHM Secretary General Mr. D S Rawat said, that NBFCs-IFC funding needs are limited to bank finance largely and the tighter prudential limits on bank lending and sectoral capps limited to access commercial bank funds.
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