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IIFCL AMC, four others settle case with SEBI by paying ₹1 02 crore

IIFCL AMC, four others settle case with SEBI by paying ₹1 02 crore
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.

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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.

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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.

Sanjay kulshresthaNational housing bankDevelopment corporationInfrastructure finance companyMumbai metropolitan region development authorityMumbai metro rail corporationThane municipal corporationDevelopment corporation ltdPublic works departmentUrban development corporation ltdMaharashtra state road development corporationMumbai metro railReserve bankHousing and urban development corpReal estateProperty prices

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.

Sanjay kulshresthaDevelopment corporationInfrastructure finance companyUrban development corporationReserve bankInfrastructure 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%.

Development corporation hudcoUrban development corporationSubha sri narayananInfrastructure finance companyHousing and urban development corporationRbi approvalIfc statusInfrastructure lendingCrisil ratings