Debt funds News
IIFCL to set up $1-bn infra debt fund via mutual funds by Feb
The India Infrastructure Finance Company (IIFCL) is planning to set up a $1-billion infrastructure debt fund through mutual fund route by the end of February 2012.
Such infrastructure debt funds (IDFs) are expected to address the long-term financing needs of infrastructure projects and fast-track them.
IIFCL Chairman and Managing Director S K Goel said Asian Development Bank and HSBC will contribute
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