newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
Banking and Finance

IIFCL Witnesses All Time High Performance ;FY24 disbursement at Rs 22,356 cr, up 62% YoY

IIFCL Witnesses All Time High Performance FY24 disbursement at Rs 22356 cr up 62% YoY

NEW DELHI: Infrastructure Finance Company Ltd recorded a disbursement of Rs 22,356 crore in 2023-24 (Apr-Mar), up 62% year-on-year, reflecting the increased demand for longer tenure financing in the infrastructure sector. On a consolidated basis cumulative disbursement stood at about Rs 1.48 lakh crore as on March 2024.

โ€œThe proportion of completed and operational assets has been growing and this class has now emerged well as an investment class for fresh categories of investors, both domestic and global and more particularly global investors,โ€ said Padmanabhan Raja Jaishankar, Managing Director, IIFCL, in a post earnings press conference.

Related posts

Moneyboxx Finance maintains strong momentum of profitability in 9M FY24 building upon the successful turnaround achieved in the preceding quarters

Newsmantra

Poonawalla Fincorp goes AI

Newsmantra

BillAvenue Achieves Milestone, NBBL recognises BillAvenue as a -Certified TSP Partner.

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More