Jammu and Kashmir Infrastructure Development Corporation Limited
JKIDFC (Jammu and Kashmir Infrastructure Development Corporation Limited) plans to raise Rs 2000 crore from the market to fund stalled projects in the Union Territory. The corporation has requested written proposals from prominent RBI-regulated banking and financial institutions/companies in the country for providing loans of Rs. 2,000 crore to be used during the remaining months of the current financial year 2021-22 and a quarter of the following financial year (2022-23).
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Note: The above-mentioned project news is taken from ProjectX India | 15th January 2022 edition. Click here to buy this issue.