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The Economic Times
The Economic Times

Govt removes SIFTI restrictions, IIFCL gets greater financing flexibility

IIFCL India

New Delhi: The government has removed SIFTI restrictions imposed on India Infrastructure Finance Company Ltd (IIFCL), providing greater financing flexibility and wider participation in infrastructure projects across various sectors.

SIFTI (Scheme for Financing Viable Infrastructure Projects) put some additional limits on the operations of IIFCL. IIFCL was not allowed to lend more than 20 per cent of the project cost due to the restrictions.

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