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Panel wants IIFCL to be guarantor for infra projects

Last Updated: Wednesday, October 03, 2012, 22:08

India Infrastructure Finance Company Ltd (IIFCL) should only lend for tenures of 20 years or more since commercial banks are able to lend for up to 15 years, said HDFC Chairman Deepak Parekh led panel in its interim report submitted to the Prime Minister on Wednesday.

Parekh panel for hiking power charges, rail fares

Last Updated: Wednesday, October 03, 2012, 18:49

The high-level committee on financing of infrastructure, which is headed by HDFC Chairman Deepak Parekh, also pitched for 100 percent foreign direct investment (FDI) in the telecom sector. The limit at present is 74 percent.