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NPA IMPROVEMENT IIFCL
IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40%India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion fol...- IIFCL plans subsidiary for issuance of asset backed securitiesIndia Infrastructure Finance Company Ltd (IIFCL) is establishing a subsidiary to securitize its assets through asset-backed securities (ABS...
- IIFCL FY24 Results: Company reports 44% rise in bottom line to Rs 1,552 croreCompany plans to tap the ECB route for raising funds. Improved profitability has been accompanied by lower non-performing assets with net N...
- IREDA chief expects navratna status soon, not worried about REC, PFC competition“We are a Government of India company and getting navratna status is the Government of India's process. We are meeting all the criteria and...
- PCA regime to cover PSU NBFCs from October 2024The Reserve Bank of India (RBI) has announced that it will bring state-owned non-banking finance companies (NBFCs) under the prompt correct...
- Measures taken by IIFCL to cut NPAs; help it make pioneer in infra finance: Parliamentary panelConsidering the gravity of risk involved in calculating the viability of road projects on the basis of evaluation and projections made by t...
- IIFCL hopes to bring down NPAs to sub-2.5 pc level by March 2023He said the net NPA was close to double digits at 9.75 per cent at the end of March 2020, while gross NPAs stood at 19.70 per cent. Aggress...
- IIFCL seeks Reserve Bank nod to lend to InvITS, earmarks Rs 4,000 croreWith regard to InvITs, Managing Director P R Jaishankar said that IIFCL would be more like a financier and it makes more sense to invest at...
- IIFCL FY21 results: Profit surges over three-fold to Rs 325 crore; NPA easesThe company's asset quality witnessed improvement as net non-performing assets (NPAs) came down to 5.39 per cent from 9.75 per cent.
- need2know: 7 things you must know to start your day on D-StreetBanks may have to take "haircuts" as one of the measures to resolve NPA issue, said FM.
- Investment is more a matter of sentiment than interest rates: Santosh Nayar, IIFCLLike PFC and REC for the power sector, we may need something for road sector and something for port sector and where ever required.
- IIFCL to disburse Rs 5,500 crore in four monthsState-owned India Infrastructure Finance Company Ltd would disburse Rs 5,500 crore loans to various infrastructure projects in four months.
- Bad assets set to rise in infra sector in near-term: IIFCLIIFC today said it expects a rise in non- performing assets in the near-term but health of the key sector is likely to improve going forwar...
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