IIFCL Targets Unprecedented Rs 75,000 Crore Loan Sanction in FY27

India Infrastructure Finance Company Ltd aims for a landmark Rs 75,000 crore loan sanction in the current fiscal year, following removal of SIFTI restrictions, boosting project participation and financing flexibility.

The India Infrastructure Finance Company Ltd (IIFCL) is setting its sights on achieving an unparalleled loan sanctioning target of Rs 75,000 crore for the fiscal year 2026-27. This ambitious goal comes in the wake of the government eliminating SIFTI restrictions, enabling the public-sector institution to increase its financial involvement in infrastructural projects.

Rohit Rishi, the managing director of IIFCL, highlighted that the policy change allows them to contribute more than 20% of total project costs and delve into larger projects, with the possibility of downselling later. IIFCL has already sanctioned Rs 38,000 crore in loans this fiscal year, aiming for a Rs 75,000 crore sanction and Rs 39,000 crore disbursement by year-end.

Rishi emphasized IIFCL's pristine asset quality with a net NPA of zero and is optimistic about surpassing a Rs 1-trillion loan book size by FY27. Additionally, to support its growing loan portfolio, IIFCL plans to diversify its borrowing strategy, tapping into both domestic and international markets.

Commenting on IPO plans, Rishi confirmed that there is preliminary approval for government stake dilution from the Cabinet Committee on Economic Affairs. As India steers towards infrastructure-led economic growth, IIFCL is committed to offering responsible and sustainable financing solutions.