IDFC, Bk of Baroda sign deal for infra funding

Infrastructure Development Finance Company (IDFC) and Bank of Baroda (BoB) today signed a memorandum of understanding (MOU) to enhance the provision of financing and other banking products and services to entities involved in infrastructure development.

According to a release issued by IDFC to the BSE today, both firms will co-operate in evolving processes to expedite participation in debt financing in each other's transactions to enable quicker financial closure for infrastructure projects.