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| Project Finance Scheme |
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| Under the Project Finance scheme IDBI provides finance to the corporates for projects. The Bank provides project finance in both rupee and foreign currencies for Greenfield projects as also for expansion, diversification and modernization. IDBI follows the Global Best Practices in project appraisal and monitoring and has a well-diversified industry portfolio. IDBI has signed a Memorandum of Understanding (MoU) with LIC in December 2006 for undertaking joint and take-out financing of long-gestation projects, including infrastructure projects. |
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