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Union Cabinet Cleared Proposal For Setting Up Of Development Finance Institution

Capital Market
Union Cabinet has cleared the setting up of a Development Finance Institution. Development Finance Institution will also have some tax benefits for a 10-year long period. Cabinet approved introduction of Bill for setting up of a new infrastructure focused Development Financial Institution as a provider, enabler and catalyst for infrastructure financing.

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First Published: Mar 17 2021 | 11:27 AM IST

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