IIFCL aims for loan sanctions worth over Rs 23,000 crore in FY22
India Infrastructure Finance Company Ltd (IIFCL) is aiming at loan sanctions worth over Rs 23,000 crore and disbursements of Rs 14,000 crore in 2021-22 depending on the project pipeline available in the market.
In 2020-21, the government-owned infra financing company recorded the highest ever loan sanctions and disbursements despite challenges posed by the COVID-19 pandemic.
“The future would be as challenging as it was last year but we would like to do better. Our aim would be to surpass our modest target for ourselves — Rs 23,000 crore for sanction and Rs 14,000 crore for disbursement this year…depending on the kind of projects received,” IIFCL Managing Director P R Jaishankar told PTI.
