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Making DFIs work - The Hindu BusinessLine


Making DFIs work
Project assessment skills and tax sops needed
The government’s latest Budget proposes to set up a Development Finance Institution soon to fund the ambitious national infrastructure pipeline.
“Infrastructure needs long-term debt financing. A professionally managed Development Financial Institution is necessary to act as a provider, enabler and catalyst for infrastructure financing,” the Finance Minister had said in her Budget speech.
Finally, wisdom has dawned on the government machinery to understand the importance of development financial institutions and how callous we were in allowing Industrial Credit and Investment Corporation of India (ICICI) and Industrial Development Bank of India (IDBI) to exit from the scene. ....

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EMIs to remain low; buy G-Secs directly: What RBI announcements mean for you


Synopsis
The rates have been kept at a record low, and some of the current lending schemes have been extended to fuel growth.
Monetary Policy highlights: RBI restores CRR, allows online access to government securities market
NEW DELHI: The Reserve Bank of India (RBI) on Friday took a calculated approach and announced a number of measures which will not just infuse more money in the system but also create a path towards normalcy.
The rates have been kept at a record low, and some of the current lending schemes have been extended to fuel growth. The RBI also created avenues for more retail participation in funding India’s growth. However, the policy announcement failed to assuage the debt market which is fearing a rise in yields. ....

Ram Raheja , Kumaresh Ramakrishnan , Indian Ifscs , S Raheja Realty , India Mutual Fund , International Financial Service Centres , Reserve Bank , Fixed Income , Retail Direct , Liberalised Remittance Scheme , Gift City , Statutory Liquidity Ratio , Rbi Policy Key Announcements , Repo Rate , Interest Rate , Shaktikanta Das , Home Loan , Rbi Repo Rate , Loan Interest Rate , Rbi Policy , ரேம் ராதிேஜா , குமரேஷ் ராமகிருஷ்ணன் , கள் ராதிேஜா ரியல்டீ , இந்தியா பரஸ்பர நிதி , சர்வதேச நிதி சேவை மையங்கள் , இருப்பு வங்கி ,