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IREDA has achieved 'Excellent' Rating for the 3rd Consecutive Year: CMD

IREDA has achieved 'Excellent' Rating for the 3rd Consecutive Year: CMD
theindianawaaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindianawaaz.com Daily Mail and Mail on Sunday newspapers.

India , Shri-das , Bijay-kumar-mohanty , Shri-pradip-kumar-das , Shri-ajay-kumar-sahani , International-financial-services-centre , Ministry-of-new-renewable-energy , Foundation-day , Foundation-day-on , Infrastructure-finance-company , Indian-renewable-energy-development-agency-ltd , Renewable-energy

HUDCO, Maharashtra govt in talks for projects' funding worth over Rs 30,000 crore

“We are in talks with the government of Maharashtra and development agencies involved in developing roads, infrastructure, and housing projects in the state to support several projects. We had a few meetings earlier this week too,” said Sanjay Kulshrestha, chairman & managing director, HUDCO.

Mumbai , Maharashtra , India , Sanjay-kulshrestha , National-housing-bank , Development-corporation , Infrastructure-finance-company , Mumbai-metropolitan-region-development-authority , Mumbai-metro-rail-corporation , Thane-municipal-corporation , Development-corporation-ltd , Public-works-department

HUDCO looks to increase its exposure to infra projects - The Hindu BusinessLine

HUDCO looks to increase its exposure to infra projects - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India , Sanjay-kulshrestha , Development-corporation , Infrastructure-finance-company , Facebook , Twitter , Linkedin , Urban-development-corporation , Reserve-bank , Infrastructure-finance ,

Status Change: Hudco may soon become infrastructure finance company

The Housing and Urban Development Corporation (Hudco), a state-run non-banking financial company, is set to transform into an infrastructure finance company (IFC) to access cheaper funds and reduce borrowing costs. Hudco has made representations to the Reserve Bank of India (RBI) and expects approval within a month or two. To qualify as an IFC, at least 75% of its assets should be deployed for infrastructure lending, and it must meet criteria such as a net worth of ₹300 crore, a minimum credit rating of 'A,' and a Capital to Risk (Weighted) Assets Ratio (CRAR) of 15%.

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PSU NBFCs have better asset quality than private sector peers

PSU NBFCs have better asset quality than private sector peers
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Karnataka , Credit-company , Linkedin , Karnataka-bank , Facebook , Twitter , Mumbai-asset , Infrastructure-finance-company

Public Sector Enterprise Hiring For Various Positions, Check Details

REC limited is a Maharatna Public Sector Enterprise and a well acclaimed Non-Banking Financial Company endowed with Infrastructure Finance Company status.

India , Company-secretariat , Banking-financial-company , Information-technology , Infrastructure-finance-company , Public-sector-enterprise , Public-sector-banks , General-manager , Chief-manager , Deputy-manager , Assistant-manager

ireda share price: Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

IREDA shares rose 5% after partnership with IOB to co-finance renewable energy projects. As per Trendlyne data, the average target price of the stock is Rs 80, which shows a downside of 35% from the current market prices. The consensus recommendation from one analyst for the stock is a 'Strong Sell'.

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Serentica Renewables raises Rs 3.5k crore via ECBs

A consortium of three international banks (Rabobank, MUFG Bank, Societe Generale) and three Indian lenders (YES Bank, Export-Import Bank of India, India Infrastructure Finance Company) have structured the loan for Serentica. Rabobank acted as the sole structuring bank for this loan facility. Tenure of the ECB facility is seven years, and the interest rate is 6.25%.

Karnataka , India , Mumbai , Maharashtra , Hindustan , India-general- , Pratik-agarwal , Societe-generale , Vedanta-group , India-infrastructure-finance-company , Rabobank , Serentica-renewables

IIFCL planning to go public by FY25, says MD

As of now, IIFCL is 100% owned by the government. Jaishankar said that he expects the FY24 profit to cross Rs 1,500 crore.

Pawank-kumar , India-infrastructure-finance-company-ltd , Foundation-day , Managing-director-pawank-kumar , Infrastructure-finance-company , Iifcl-news , Iifcl-update , Iifcl-ipo , Iifcl-ipo-plans , Iifcl-listing-plans ,

REC signs 200 million euro loan with German Bank KfW to propel distribution sector reforms

This marks REC's sixth line of credit under the Indo-German Development Cooperation and demonstrates the commitment to enhance the distribution infrastructure of discoms (distribution companies) in line with the Revamped Distribution Sector Scheme (RDSS) of the Government of India (GoI).

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