What does IDBL mean in DEVELOPMENT
IDBL stands for Infrastructure Development Bank Ltd.. It is a financial institution that plays a pivotal role in supporting infrastructure projects in developing economies.
IDBL meaning in Development in Community
IDBL mostly used in an acronym Development in Category Community that means Infrastructure Development Bank Ltd
Shorthand: IDBL,
Full Form: Infrastructure Development Bank Ltd
For more information of "Infrastructure Development Bank Ltd", see the section below.
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IDBL Meaning in COMMUNITY
IDBL's role extends beyond providing funding for infrastructure. It also fosters collaboration among stakeholders, including governments, private corporations, and civil society organizations, to ensure the sustainable development of infrastructure projects. IDBL's initiatives promote community engagement, empowering local residents to participate in decision-making and benefit from the improved infrastructure.
IDBL Full Form
The full form of IDBL is Infrastructure Development Bank Ltd. The original name of the bank was Industrial Development Bank of India Ltd. (IDBI), which was established in 1964. In 2015, IDBI was renamed as IDFC Ltd. and subsequently, in 2018, it merged with Bank of Baroda. As a result, IDBL was created as a wholly-owned subsidiary of Bank of Baroda to focus exclusively on infrastructure financing.
What Does IDBL Stand for?
IDBL stands for Infrastructure Development Bank Ltd., a financial institution dedicated to supporting infrastructure projects in developing economies.
Essential Questions and Answers on Infrastructure Development Bank Ltd in "COMMUNITY»DEVELOPMENT"
What is IDBL?
Infrastructure Development Bank Ltd. (IDBL) is a non-banking financial institution in Bangladesh that provides long-term financing for infrastructure projects.
What types of projects does IDBL finance?
IDBL finances projects in sectors such as power, energy, transportation, industrial parks, telecommunications, and water and sanitation.
Who is eligible to borrow from IDBL?
Private companies, public-private partnerships, and government entities are eligible to borrow from IDBL.
What are the interest rates and loan terms offered by IDBL?
Interest rates and loan terms vary depending on the project's risk profile, maturity, and other factors. IDBL offers competitive rates and flexible repayment schedules.
How does IDBL evaluate loan applications?
IDBL evaluates loan applications based on factors such as the project's technical and financial feasibility, environmental impact, and the borrower's track record.
What are the benefits of borrowing from IDBL?
Borrowing from IDBL offers several benefits, including access to long-term financing, competitive interest rates, and technical assistance. IDBL also provides tailored financial solutions to meet the specific needs of each project.
How can I apply for a loan from IDBL?
To apply for a loan from IDBL, you can visit their website or contact their offices. The loan application process involves submitting a detailed project proposal and supporting documents.
What is IDBL's role in Bangladesh's infrastructure development?
IDBL plays a significant role in Bangladesh's infrastructure development by providing long-term financing for vital projects. The bank has financed projects that have improved transportation, power generation, and other essential infrastructure, contributing to the country's economic growth and social progress.
Final Words: IDBL is a crucial player in promoting sustainable infrastructure development. Through its funding and collaborative efforts, IDBL empowers communities, fosters economic growth, and enhances the quality of life in developing countries.
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