Saturday, February 25, 2012

ICICI Bank receives RBI nod for Infrastructure Debt Fund

Leading private sector lender ICICI Bank has received an in-principle approval from the RBI to set up the country's first Infrastructure Debt Fund (IDF).The fund would cater to the country's fast growing infrastructure sector, which requires investments worth $1 trillion in the 12th Five-Year Plan period (2012-17)...........

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