He said India Infrastructure Finance Company (IIFCL) will be looking at five to six more tranches of bond issuances in the remainder of the year to meet the target. MUMBAI : Infra financier IIFCL is targeting to raise up to Rs 17,000 crore through bond issuances in FY24, a top official said on Tuesday. The […]
India Infrastructure Finance Company Ltd (IIFCL) on Monday reported a two-fold jump in standalone net profit to Rs 1,076 crore for the fiscal ended March 2023 aided by an increase in lending and reduction of bad loans. The state-owned infrastructure finance company had earned a net profit of Rs 514 crore in the previous fiscal. […]
This marks IIFCL’s first transaction under this initiative, the company said in a statement on Sunday. The NCDs are of a tenor of 10 years. To promote long-term infrastructure debt market, India Infrastructure Finance Company (IIFCL) has participated in the issue of non-convertible debt securities amounting to Rs 325 crore by placing its first e-bid […]