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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). 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. The aim was to enable IDF-NBFCs to play a more substantial role in financing the infrastructure sector and to bring the relevant regulations into harmony. The revised framework includes the withdrawal of the requirement for a sponsor for the IDFs, and it makes the tripartite agreement optional for Public Private Partnership (PPP) projects. Previously, IDF-NBFCs were mandated to enter into a tripartite agreement with both the dealer and the project authority for investments in PPP infrastructure projects that involved a project authority
Scientists are identify a gene that improves the heat tolerance of the algae that live symbiotically with coral species.
Direction: In the sentence given below, a part is highlighted and suggestions for its correction are given below the sentence. Choose the correct opti...
Expenses had be greater than she had calculated.
My friend lives in a nearby street whose name I have forgotten.
More than 100 police officers were being deployed at the venue , along with an armed posse from the Police.
It was a sturdy house (completing) with a fine fireplace and chimney.
I. Without a global efforts to rapidly reduce greenhouse gas emissions, average global temperatures are very likely to exceed 2°C even with current po...
Which of the phrases a, b, c, and d given below in each sentence should replace the word/phrase printed in bold in the sentence to make it grammatical...
When the detection of a new highly-transmissible coronavirus variant , ‘Omicron’ in South Africa and the threat of a third wave of the pandemic be...
She took the square tins and cut out some square (cakes) for the little boys.
