India Infrastructure Finance Company’s (IIFCL) net profit has more than doubled to Rs 678 crore (Rs 330 crore) for the year ended 31 March 2012, aided by a big jump in net interest margin.
Tag: IIFCL
Post
Post
Structural and tariff issues hampering port finance
IIFCL recently undertook takeout financing of a road and a port project, in the midst of much debate on this new form of finance involving underwriting an existing loan from another financial institution.
Post
Our infra lending will be cautious this year, based….
A ninety-three-year-old Union Bank of India just got a new head honcho. The genial CMD is a sleeves-rolled-up leader much of whose experience has been in operations, and will lead a lending portfolio of Rs 27,000 crore to infrastructure
Post
Advisory is a step towards combining all infra-related services under one roof
Banks lending to the infrastructure sector are feeling the need for specialised project appraisal and advisory capabilities.SBI and IDFC have spun them off as separate entities that can backward integrate into their financing competency. IIFCL’s recently launched projects company goes beyond individual projects, and is starting with trying to capture the goodwill of states and state owned entities.
Post
Govt plans Rs 50,000 cr IDF
The government is planning an over Rs 50,000 crore infrastructure debt fund (IDF) with participation from a foreign bank, a multilateral agency, and state-owned financial institutions.
Post
Infrascape 2012 | Finance: Brewing strain on debt servicing
For us the most active and fruitful sectors in 2011 were road and power sector. These sectors comÂprise a majority of our portÂfolio. I understand that even in case of commercial banks these two sectors form the majority of their infrastruÂcture loan book,
Post
Infra Debt Funds: Creating new wealth
IDFs come as a new solution to debt finance to long-term, high-value infrastructure sectors. Eligibility norms for IDFs are rather stringent but justified given the risks and quantums-typical of infrastructure investment-involved.
Post
IIFCL becomes non-banking finance firm
The Reserve Bank of India (RBI) will now regulate India Infrastructure Finance Company (IIFCL). The Union Cabinet approved a proposal in this regard.
Post
Indian EPC 2011: Driving growth efficiently
As with all ideas that promise (relative) speed, simplicity and quality, Engineering, Procurement and Construction (EPC) has caught on quickly.The order books of the over 150 players in the arena are bulging, and there is increased interest in this sector from experienced foreign players who have made their India foray, new to the sector Indian conglomerates as well as pan-Indian infrastructure developers.
Post
IIFCL infra credit scheme
The credit enhancement scheme of India Infrastructure Finance Company (IIFCL) may be delayed further, as the finance ministry has asked the state-run lender to try it out for a few months before final launch.