foreign exchange reserves 2014
India Infrastructure Finance Company Limited, IIFCL
India Infrastructure Finance Company Limited, IIFCL
IIFCL gets fresh line of credit from ADB India Infrastructure Finance Company Limited (IIFCL) has
negotiated a second line of credit of $1.2 billion from Asian Development Bank (ADB) for spending in various
sectors, chairman and managing director of the state-owned company S. K.
Goel said. IIFCL had earlier secured an RBI line of credit from the foreign
Goel said. IIFCL had earlier secured an RBI line of credit from the foreign
exchange reserves of $5 billion out of which $1 billion had
been already consumed.
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