The funds, thus raised, are to be utilized by the company for onlending to the Indian companies implementing infrastructure projects in India and/or to cofinance the ECBs of such projects for capital expenditure outside India without creating any monetary impact.
Enhanced exposure norms In view of the generally large requirements of funds for infrastructure projects, the existing RBI guidelines provide for enhanced exposure ceilings for the infrastructure lending. The credit exposure ceiling limits are 15 per cent of capital funds in case of a single borrower and 40 per cent of capital funds in the case of a borrower group.