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Infrastructure Loan is a credit facility extended by NBFC’s to a borrower for the following categories which are classified as Infrastructure Loan. The term credit facility means a term loan, project loan subscription to bonds/ debentures/ preference shares/ equity shares in the project company obtain as a part of project finance package such that such subscription amounts to be “in the nature of advance” or any other setup of long term funded facility provided to a borrower company engaged in developing/ operating and maintaining/ developing, operating and maintaining infrastructure facilities, that is a sub-sectors project as specified in the definition of infrastructure loan.
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