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Deutsche Bank inks pact with IIFCL
Monday, March 31, 2008 17:22 [IST]

Mumbai: Foreign lender Deutsche Bank has joined hands with India Infrastructure Finance Company (IIFCL) to collaborate in the area of infrastructure investment in the country.

"Deutsche Bank's access to global capital and structuring expertise in India will provide further impetus in meeting the growing demand for infrastructure finance in the country," Deutsche Bank MD & CEO, Gunit Chadha said.

Under the agreement, both organisations will act together to meet the long term equity and debt financing needs of the booming infrastructure sector in the country.

Chadha signed the agreement with IIFCL's Chairman and Managing Director, S S Kohli.

Deutsche Bank has ten offices in the country and a total customer-base of about 5,50,000.


Source : PTI

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