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India's first infra debt fund launched

Infradebt, India's first infrastructure debt fund (IDF) is set to kick-start its formal operations. Finance minister P Chidambaram on Tuesday handed over the license to the fund's promoters including ICICI Bank, Bank of Baroda, Citibank and Life Insurance Corporate of India.
Govt launches $2bn infra debt fund

The government has launched a USD 2 billion infra debt fund, with private lender ICICI Bank owning the most.

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