Page 2 - Iifcl
IIFCL aims for loan sanctions worth over Rs 23,000 crore in FY22
IIFCL is aiming at loan sanctions worth over Rs 23,000 crore and disbursements of Rs 14,000 crore in 2021-22 depending on the project pipeline available in the market.
 "IIFCL aims for loan sanctions worth over Rs 23,000 crore in FY22")
IIFCL profit surges over three-fold to Rs 325 cr in FY21; NPA eases
The gross NPA of the company too declined to 13.9 per cent from 19.70 per cent in the previous financial year.
DFI goes back to the future: Will changes boost infra funding in India?
The Bill suggests that the government has learned from past mistake
 "DFI goes back to the future: Will changes boost infra funding in India?")
A long jump for IIFCL as DFI tag to support financial needs, growth
Its planned incorporation into a larger development finance institution could present challenges for a company with a founding covenant that restricted its scale of operations
 "A long jump for IIFCL as DFI tag to support financial needs, growth")
Old wine, new bottle
New DFI should not just be a bailout of the old
 "Old wine, new bottle")
Govt funding on its own won't suffice for infra: P R Jaishankar, MD, IIFCL
In a Q&A, he asserts that 23-27% of the Rs 111 trillion required by the National Infrastructure Pipeline must come from banks and financial institutions
 "Govt funding on its own won't suffice for infra: P R Jaishankar, MD, IIFCL")
DFI likely to be set up with IIFCL's paid-up capital of Rs 10,000 crore
To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans
 "DFI likely to be set up with IIFCL's paid-up capital of Rs 10,000 crore")
Top headlines: Jet to resume all services in 2021; DFI tag for IIFCL
From Jet Airways planning to resume all services in 2021 to FinMin proposing DFI tag for IIFCL, here are top headlines this morning
 "Top headlines: Jet to resume all services in 2021; DFI tag for IIFCL")
FinMin proposes DFI tag for IIFCL to support long term financial needs
IIFCL is a government-owned entity, which is registered as a non-deposit accepting loan company with the Reserve Bank of India.
 "FinMin proposes DFI tag for IIFCL to support long term financial needs")
FM Sitharaman insisted on my transfer from North Block, says S C Garg
Former finance secretary Garg had last year opted for voluntary retirement after being transferred to Power ministry
 "FM Sitharaman insisted on my transfer from North Block, says S C Garg")
Govt infuses Rs 5,298 cr into IIFCL to boost infrastructure spending
This infusion has increased the paid-up equity share capital of IIFCL to Rs 9,999.92 crore against the authorized share capital of Rs 10,000 crore.
 "Govt infuses Rs 5,298 cr into IIFCL to boost infrastructure spending")
Govt okays Rs 5,300 cr capital infusion into IIFCL via recap bonds in FY20
Another Rs 10,000 crore will be infused in 2020-21
 "Govt okays Rs 5,300 cr capital infusion into IIFCL via recap bonds in FY20")
IIFCL to raise up to Rs 1,200 crore through bonds to improve capital base
Delhi-based infrastructure lending company has seen pressure on its capital adequacy due to higher provisions for non-performing assets
 "IIFCL to raise up to Rs 1,200 crore through bonds to improve capital base")
How IIFCL manages to stay afloat despite stress in infrastructure sector
Hybrid-annuity model, lending restrictions have helped the lender manage its books better
 "How IIFCL manages to stay afloat despite stress in infrastructure sector")
IIFCL awaits regulation from RBI for credit enhancement agency: Official
IIFCL is already in process of setting up the company and applying for permission, the offical said
 "IIFCL awaits regulation from RBI for credit enhancement agency: Official")
