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PR JAISHANKAR
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 targets Rs 75000 crore loan book this fiscal"We are expecting to cross a loan book of over Rs 75000 crore this fiscal. We had touched almost Rs 60,000 crore last fiscal" said PR Jaish...
IIFCL aims to be zero net NPA financial institution during FY25, says MD JaishankarIIFCL, the state-owned infrastructure financing firm, anticipates a loan growth of approximately 18% and targets reducing net non-performin...
RBI says won’t drop higher risk weights for loans to PSU NBFCs after banks seek easier normsIn November 2023, the regulator increased the risk weights for loans to NBFCs by 25 basis points, making bank borrowing more expensive for ...
State-run IIFCL seeks infrastructure tag for space sectorState-run infrastructure financing firm IIFCL has proposed that the space sector should be classified as part of the infrastructure sector....
IIFCL planning to go public by FY25, says MDAs of now, IIFCL is 100% owned by the government. Jaishankar said that he expects the FY24 profit to cross Rs 1,500 crore.
GMR lines up Rs 4,000-crore loan to build Vizag international airportGMR has secured a ₹4,000-crore loan from an infrastructure finance company to construct a new airport in Vizag. The airport will be GMR's f...
IIFCL approves loans worth Rs 8,800 cr to boost civil aviation infraIndia Infrastructure Finance Company Limited (IIFCL) has approved loans amounting to Rs 8,800 crore for the development of airports and civ...
IIFCL plans to raise up to Rs 2,000 cr via 10-year bondsBidding for the debt sale is likely to be held from 11:00 am to 12:15 pm IST on Monday, May 29, on the BSE bond platform, sources said. The...
India assumes Presidency of UN Security Council for month of DecemberIndia's Permanent Representative to the UN Ambassador Ruchira Kamboj will sit in the President's seat at the horse-shoe table. Days before ...
IIFCL invests Rs 325 crore in InvIT's long-term debtGovernment-owned India Infrastructure Finance Company (IIFCL) on Sunday said it has forayed into the long-term infrastructure bond market b...
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...
Prepared to handle any responsibility given by govt: IIFCL MDThe Union Budget 2021-22 presented in Parliament earlier this month proposed to set up a Development Finance Institution (DFI) with an init...
State-run IIFCL to offer innovative infrastructure financing“We are in touch with most multilateral institutions on both getting the innovative products and for our long-term financing needs,” IIFCL ...
Finance Ministry appoints PR Jaishankar managing director of IIFCLThe appointment comes after the Bank Boards Bureau (BBB), the headhunter for state-run banks and financial institutions, recommended Jaisha...
Quicker regulatory nods can put infra in fast laneIndia needs to address regulatory issues for the sector to gather pace & approvals around land acquisition & project clearances need to be ...
India needs to look beyond banks for infra financing: ExpertsIndia needs to address regulatory issues for the sector to gather pace and approvals around land acquisition and project clearances need to...
Security challenges do not respect borders: JaishankarJaishankar noted that India conducts 40 per cent of its trade with littoral states along the IOR and it supports "freedom of navigation, ov...
Govt preparing norms for credit enhancement fund to bolster infra bonds ratingsIn Budget 2015-16, FM Arun Jaitley had proposed setting up of a credit enhancement fund to help raise the ratings of bonds floated by infra...
FS Jaishankar meets Trump's transition team during US visitTrump is a self-confessed "big fan" of India. Ahead of his election win, he had described India as "a key strategic ally" and said he looke...