Page 3 - கவர்னர் ஆஃப் இருப்பு வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

How to make the DFI model work Infra woes The long gestation period skews asset-liability flows   -  Bloomberg× A professional company staffed with personnel with superior project finance and credit appraisal skills is the need of the hour In her recent Budget speech, Finance Minister Nirmala Sitharaman proposed to revive development financial institution (DFI) model to act as a provider, enabler and catalyst for infrastructure financing. The government provided ₹20,000 crore to capitalise the DFI to meet its ambitious loan target of ₹5-lakh crore within three years. After the transformation of the erstwhile DFIs Industrial Development Bank of India (IDBI) and Industrial Credit and Investment Corporation of India (ICICI) into universal banks, there was a vacuum in the DFI space, in general, and infrastructure financing, in particular.

United statesAndhra pradeshTamil naduNirmala sitharamanRaghuram rajanPanchayati rajIndustrial development bankGovernor of reserve bankIndustrial finance corporation of indiaInfrastructure leasing financial servicesIndustrial investment bankNational institute of rural developmentInvestment corporation of indiaFinance minister nirmala sitharamanIndustrial creditInvestment corporation