RBI norms mandate NBFCs registered as infrastructure finance firms to maintain a capital adequacy ratio of 15%. The proposed credit enhancement fund wants the RBI to relax this norm to 8-10%. Photo: Aniruddha Chowdhury/Mint<br />
IIFCL chairman S.B. Nayar said the firm plans to fund acquisitions by Indian companies abroad.<br /><br />

IIFCL’s UK unit to raise $1 billion

2 min read . 25 Jul 2014