Question
The Reserve Bank of India (RBI) has permitted
non-banking finance companies operating as Infrastructure Debt Fund (IDF-NBFCs) to raise money through external commercial borrowings (ECBs). Which of the following statements is/are correct with respect to the information provided above ? I. These┬а external commercial borrowings will be subject to a minimum tenor of five years, and IDF-NBFCs are prohibited from sourcing the ECB loans from the foreign branches of Indian banks, as stated by the RBI in communication to the companies. II.An IDF-NBFC shall be required to have an NOF of at least тВ╣300 crore and capital-to-risk weighted assets ratio (CRAR) of minimum 15 per cent (with minimum Tier 1 capital of 10 per cent). III.The exposure limits for IDF-NBFCs shall be 40% of their Tier 1 capital for single borrower/ party and 50% of their Tier 1 capital for a single group of borrowers/ parties. IV.Currently, there are three active IDF-NBFCs: NIIF Infrastructure Finance Ltd, India Infradebt Ltd, and Kotak Infrastructure Debt Fund, with combined assets under management (AUM) of about Rs 36,000 crore.Solution
┬аThe Reserve Bank of India (RBI) has permitted non-banking finance companies operating as Infrastructure Debt Fund (IDF-NBFCs) to raise money through external commercial borrowings (ECBs). These borrowings will be subject to a minimum tenor of five years, and IDF-NBFCs are prohibited from sourcing the ECB loans from the foreign branches of Indian banks, as stated by the RBI in communication to the companies. ┬а An IDF-NBFC shall be required to have an NOF of at least тВ╣300 crore and capital-to-risk weighted assets ratio (CRAR) of minimum 15 per cent (with minimum Tier 1 capital of 10 per cent).┬а ┬а The exposure limits for IDF-NBFCs shall be 30% of their Tier 1 capital for single borrower/ party and 50% of their Tier 1 capital for single group of borrowers/ parties. ┬аCurrently, there are three active IDF-NBFCs: NIIF Infrastructure Finance Ltd, India Infradebt Ltd, and Kotak Infrastructure Debt Fund, with combined assets under management (AUM) of about Rs 36,000 crore.
рдЦрдбрд╝реА рдмреЛрд▓реА рдХрд╛ рдкреНрд░рдпреЛрдЧ рд╕рдмрд╕реЗ рдкрд╣рд▓реЗ рдХрд┐рд╕ рдкреБрд╕реНрддрдХ рдореЗрдВ рд╣реБрдЖ рдерд╛ ?
рдЬрд┐рд╕рдХреЛ рдЫреЛреЬрд╛ рди рдЬрд╛ рд╕рдХреЗ рдЙрд╕рдХреЗ рд▓рд┐рдП рдПрдХ рд╢рдмреНрдж рд╣реИ -┬а
рджрд┐рдП рдЧрдП рд╡рд╛рдХреНрдп рдореЗрдВ рдореЛрдЯреЗ рдЕрдХреНрд╖рд░реЛрдВ рд╡рд╛рд▓рд╛ рдкрджрдмрдВрдз рдХрд╛ рдирд╛рдо рдЙрд╕рдХреЗ┬а рдиреАрдЪреЗ ...
рджрд┐рдП рдЧрдП рд╢рдмреНрджрд╛рдВрд╢реЛрдВ рдХреЗ рд▓рд┐рдП рдПрдХ рд╢рдмреНрдж рдХреЗ рдЪрд╛рд░ рд╡рд┐рдХрд▓реНрдк рджрд┐рдП рд╣реИрдВ рдЙрдирдореЗя┐╜...
рдЕрднреА рдЕрднреА рд╡рд┐рд░рд╛рдЯ рдХреЛрд╣рд▓реА рдЖрдЙрдЯ рд╣реЛ рдЧрдпреЗ рд╣реИрдВ , рд╡рд╛рдХреНрдп рдореЗрдВ рдХрд╛рд▓ рдмрддрд╛рдЗрдпреЗ ?
рдкреБрд▓рд┐рд╕ рдиреЗ рдореЗрд╣рдорд╛рдиреЛрдВ рдореЗрдВ рд╕реЗ рд╣реА рдПрдХ рд╡реНрдпрдХреНрддрд┐ рдХреЛ рдкрдХреЬрд╛ рдФрд░ рдЙрд╕ рдкрд░ рдЪреЛрд░...
рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╡реНрдпрдВрдЬрди рд╕рдВрдзрд┐ рд╡рд╛рд▓рд╛ рд╢рдмреНрдж рдирд╣реАрдВ рд╣реИ :
'рдХрд╛рди рджреЗрдирд╛' рдореБрд╣рд╛рд╡рд░реЗ рдХрд╛ рдЕрд░реНрде рд╣реИ
'рдЕрдзрд┐рд╖реНрдард╛рддрд╛' рд╢рдмреНрдж рдореЗрдВ рдХреМрди-рд╕рд╛ рдЙрдкрд╕рд░реНрдЧ рд╣реИ?
рдирдорди рдиреЗ рдЦрд╛рдирд╛ рдЦрд╛ рд▓рд┐рдпрд╛ рдореЗрдВ рдХреМрди рд╕рд╛ рдХрд╛рд░рдХ┬ард╣реИ ?