For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

IIFCL to disburse Rs 5,500 cr loans to infra projects in four months: Media Report

By Religare
|

IIFCL to disburse Rs 5,500 cr loans to infra projects in four months
India Infrastructure Finance Company Ltd (IIFCL) said it would disburse Rs 5,500 crore loans to various infrastructure projects in four months, reported PTI.

 

"The loan disbursement target for the current fiscal is Rs 9,500 crore," IIFCL executive director HK Bhanwala told PTI. According to the report, IIFCL has already disbursed Rs 4,000 crore between April-November period. Bhanwala added that the remaining Rs 5,500 crore would be disbursed by the end of March.

He said, IIFCL has disbursed loans to some of the stalled projects cleared by the Cabinet Committee on Investment (CCI). Loan disbursal would pick up as more and more projects cleared by the CCI reach financial closure, he added.

Dion Global Solutions Ltd.

Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more