The Indian economy is on a robust growth trajectory and the best way to be a part of Indias growth story is to invest in its lifeline — its infrastructure. The state-owned Indian Infrastructure Finance Company Limited IIFCL , is offering an unique feature for investors in its current infrastructure bond offering that allows an applicant to choose apply for five bonds of the same series or five Bonds ac User Menu.
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Infrastructure finance showed robust disbursement momentum post unlock and continued sell-down with Rs 1, crore disbursed in the quarter. The funds raised would be utilised for long-term resources, for general corporate purposes and to fund future growth, the company said in a regulatory filing. The asset quality has been improving. Their CASA has been improving. RBL also can be talked about in the same breath. We are seeing a lot of news-related moves in pharma stocks and some of these moves are Covid related.
This time it has happened over four quarters and hence every good company should not try to guess what will happen because guessing is of no use at all. This borrowing happened on March 22, That on tap facility was first announced for five sectors namely, agriculture, agri-infrastructure, secured retail, MSMEs, drugs, pharmaceuticals and healthcare.
Considering the present situation, the common man expects the Finance Minister to liberalise provisions of section 80D and expand its scope to include medical expenditure incurred by taxpayers on COVID or any other ailment , without the restriction of age or availability of medical insurance. The earlier DFIs were created during the pre-economic liberalisation era. During that period, given the controlled nature of the economy and a protected industry, lending to industry was relatively simpler.
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