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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
Which of the following statement(s) is/are true?
I. F and A are immediate neighbors
II. Only one person sits between K and T when counted ...
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Which of the following statements is true about the girl who likes ‘I’?
Five person A, B, C, D and E are sitting around a circular table (not necessarily in the same order). B sits immediate left of A. C is on the left side ...
Who among the following sits second to the left of L?
Which of the following statements are true?
Heera likes which of the following colour?
What is the position of Palak with respect of Punish?
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