- About Us
Policies & GuidelinesAbout Us
Infradebt is an Infrastructure Debt Fund (IDF) under NBFC format, formulated by the Government of India, with the objective of creating an alternative class of funding infrastructure by bringing in long term domestic/offshore institutional investors like insurance companies, provident/pension funds, etc.
As per the regulation, Infradebt invests in operational infrastructure projects that have a minimum of 1 year of successful operations.
Infradebt has been set up by four leaders in the financial sector in India. ICICI Bank is the largest private sector bank in India. ICICI Bank is the largest shareholder with a 42.3% stake, followed by Bank of Baroda 41%, Citicorp Finance India Limited 10% and Life Insurance Corporation of India 6.7%.The shareholders will assist Infradebt in the following manner:
Infradebt primarily raises funds from the domestic market by issuing Non-Convertible Debentures (NCDs) having a maturity period of more than five years. The regulated business model and strong credit framework of Infradebt ensures 'Highest Safety' AAA returns for long-term investors. There are a diverse range of long-term investors, of which the prominent ones include:
- Life Insurance Companies
- General Insurance Companies
- Provident Funds
- Pension Funds
- Debt Mutual Funds