“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...

The Reserve Bank of India (RBI) has announced that it will bring state-owned non-banking finance companies (NBFCs) under the prompt correct...

Considering the gravity of risk involved in calculating the viability of road projects on the basis of evaluation and projections made by t...

He 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...

With 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...

The company's asset quality witnessed improvement as net non-performing assets (NPAs) came down to 5.39 per cent from 9.75 per cent.

Banks may have to take "haircuts" as one of the measures to resolve NPA issue, said FM.

Like PFC and REC for the power sector, we may need something for road sector and something for port sector and where ever required.

State-owned India Infrastructure Finance Company Ltd would disburse Rs 5,500 crore loans to various infrastructure projects in four months.

IIFC 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...