IIFCL plans $1b loan; in talks for $400m ADB funds
Synopsis India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and is also in talks
Synopsis India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and is also in talks with the Asian Development Bank for an additional $400 million. This move follows recent Reserve Bank of India measures designed to bolster dollar inflows and support the rupee.
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