Its inaugural bond issue in June this year received bids that were almost five times the size of the base issue, and traders anticipate a similar level of interest for future debt offerings from India's newest infrastructure lender.
As of December 31, infrastructure-focused Non-Banking Financial Companies (NBFC) had given outstanding loans worth Rs 13.8 lakh crore.
With the government's focus on the infrastructure sector, the demand for infrastructure credit is likely to improve over the medium term, the report said.
The agreement signing is under the United States Agency for International Development's (USAID) South Asia Regional Programme for Energy Integration (SARI/EI), PFS said in a statement.
The regulator has now granted the approval to utilise non-distributable Statutory Reserves up to Rs 2,500 crore for creation of specific provisions against stressed assets, IDFC said in a BSE filing.
The company had a standalone net profit of Rs 449.07 crore in the corresponding period a year ago.
SREI Infrastructure is up nearly 6.5% intra-day. CNBC-TV18 catches up with Hemant Kanoria, chairman and managing director of SREI Infrastructure to get the latest with his company.