One-time restructuring of real estate loans and a large fund to buy toxic assets and equity in banks and NBFCs can bring back the animal spirits in the economy
The new joint venture, named IntelliSmart Infrastructure will implement, finance and operate the smart meter roll-out program of power distribution companies
NIIF is being operationalised by establishing three Alternative Investment Funds
The first investment agreement between NIIF and wholly-owned subsidiary of ADIA was for $1 bn