Govt nominates Anna Roy on board of Bank of India, IIFCL

Government has nominated Anna Roy, Joint Secretary in Finance Ministry, on the board of Bank of India (BoI) and India Infrastructure Finance Company Ltd (IIFCL).

IIFCL expects Rs 400 cr capital infusion by Dec

State-owned India Infrastructure Finance Company Ltd (IIFCL) expects Rs 400 crore capital infusion from the government in the next two months.

IIFCL to raise up to Rs 2,500 cr from tax free bonds

The company had received bids aggregating to Rs 714.37 crore towards the first tranche of bond issue till yesterday, he added.

IIFCL net profit up 47% at Rs 1,000 cr in 2012-13

The state-owned infrastructure finance company had earned a net profit of Rs 678 crore in the previous fiscal.

IIFCL's UK arm targets $1 bn loan disbursement in FY'14

"Ministry of Finance, Government of India has recently approved the limit of 50 percent for lending to projects set up by private companies (non PPP projects) from 20 percent of lending in an accounting year for IIFC(UK)," IIFCL Chairman and Managing Director S K Goel said here.

IIFCL gets SEBI approval for $1 bn IDF

State-owned India Infrastructure Finance Company Ltd (IIFCL) Wednesday said it has got SEBI nod for floating USD 1 billion (about Rs 5,000 crore) infrastructure debt fund (IDF), which will be operational in a month.

IIFCL plans to raise up to Rs 9,215 cr through tax-free bonds

State-owned India Infrastructure Finance Company Ltd (IIFCL) Monday said it plans to raise up to Rs 9,215 cr through tax-free bonds to fund infrastructure projects in the country.