IIFCL ties up for USD 2.4-bn WB, ADB loans

World Bank and Asian Development Bank have agreed to shortly extend USD 2.4 billion (around Rs 12,000 crore) to the state-owned India Infrastructure Finance Company to fund various projects.

WB, India agree on $3.2 bn loan for PSU banks, IIFCL

The WB and India have
concluded negotiations for loans worth USD 3.2 bn for
recapitalising state-run banks and funding for the India
Infrastructure Finance Company Ltd, a state-run lender to
infrastructure projects.

IIFCL to double funding of infra projects to Rs 6,000 cr

State-owned infrastructure funding
company IIFCL is aiming to double disbursement of funds for
projects, particularly in highways and power sectors, to Rs
6,000 crore during the current fiscal.