TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...
TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...
TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...
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Tirupathi Urban Development Authority<br />
EXHIBIT 8 [contd.]<br />
Bid Response 12<br />
Format for evidence of access to or availability of credit facilities equity participation in<br />
the proposed project<br />
BANK / FINANCIAL INSTITUTION CERTIFICATE<br />
(From any Scheduled Indian Bank or foreign bank or Financial Institution located in India and<br />
approved by Reserve Bank of India)<br />
This is to certify that M/s. ________________________________________ is a reputed<br />
company with a good financial standing.<br />
If the project, namely ___________________________________ is awarded to the above firm,<br />
we shall be able to provide credit facilities to the extent of Rs. _____________________ to meet<br />
their capital requirements for equity participation in the Project (Name of the Project)<br />
This certificate is issued with the approval of Head Office of the Bank / Financial Institution.<br />
Signature _______<br />
Name and Designation of the Competent Authority of the Bank / Financial Institution<br />
Name, Address and Phone number of the Issuing Branch<br />
Note: For the purpose of the certificate, Bank / Financial Institution will be defined as under:<br />
1. State Bank of India and its subsidiaries<br />
2. Any Indian Nationalized Bank<br />
3. IDBI or ICICI Bank<br />
4. Financial Institutions as approved by RBI<br />
5. Investment Institutions (e.g. LIC, GIC etc.)<br />
6. NBFC’s approved by RBI and having a Net Worth of more then Rs 250 crores<br />
7. Foreign Bank (issued by a branch outside India) with a counter guarantee from SBI or its<br />
subsidiaries or any Indian Nationalized Bank<br />
8. Any scheduled Commercial Bank approved by RBI having a net worth of not less than Rs<br />
1000 crores as per the latest Annual Report of the Bank. In case of a Foreign Bank<br />
(issued by a branch in India), the net worth in respect of Indian operations shall only be<br />
taken into account.<br />
9. The capital adequacy of the Bank shall not be less than the norms prescribed by RBI<br />
10. The Bank Certificate issued by a Cooperative Bank shall not be accepted<br />
Request For Proposal<br />
Development of Integrated Tourism Temple Township on Public Private Partnership Basis<br />
63
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