{"id":652433,"date":"2025-11-13T08:57:59","date_gmt":"2025-11-13T03:27:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=652433"},"modified":"2025-11-13T10:04:16","modified_gmt":"2025-11-13T04:34:16","slug":"hudco-plans-1-billion-pooled-fund-to-finance-metro-projects-cmd","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hudco-plans-1-billion-pooled-fund-to-finance-metro-projects-cmd\/","title":{"rendered":"Hudco plans $1 billion pooled fund to finance metro projects: CMD"},"content":{"rendered":"<p>Housing and Urban Development Corporation Limited (HUDCO) is in talks with multilateral banks to create at least $1 billion pooled fund to finance metro projects in the country.<\/p>\n<p>Hudco chairman and managing director Sanjay Kulshrestha said the &#8216;navratna&#8217; will be taking care of minimising hedging costs for this fund. &#8220;It will become a blended solution,&#8221; Kulshrestha told ET, explaining this pool will have funds from a mix of foreign and domestic sources, including banks. &#8220;The aim is to offer loans at rates comparable to multilateral institutions.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing and Urban Development Corporation Limited (HUDCO) is in talks with multilateral banks to create at least $1 billion pooled fund to finance metro projects in the country. Hudco chairman and managing director Sanjay Kulshrestha said the &#8216;navratna&#8217; will be taking care of minimising hedging costs for this fund. &#8220;It will become a blended solution,&#8221; Kulshrestha told ET, explaining this pool will have funds from a mix of foreign and domestic sources, including banks. &#8220;The aim is to offer loans at rates comparable to multilateral institutions.&#8221;<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,258,136],"tags":[],"class_list":["post-652433","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=652433"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652433\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=652433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=652433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=652433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}