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IIFCL News

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IIFCL is 100 percent owned by Government of India. The infra lender posted record sanctions and disbursements at Rs 29,171 crore and Rs 13,826 crore. The company has given Rs 2.5 lakh crore loans to 750 infra projects.
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The government is likely to appoint heads of four public sector financial institutions -- Exim Bank, IFCI, Sidbi and IIFCL -- by the middle of next month.
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The Finance Ministry has invited applications of eligible candidates for the post of Managing Directors at India Infrastructure Finance Company Ltd (IIFCL), and IFCI.
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The state-owned infrastructure finance company had earned a net profit of Rs 521 crore on standalone basis in the previous fiscal.






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