Indian Infrastructure Finance Company Limited (IIFCL) is targeting a record ₹75,000 crore in loan sanctions during the ongoing financial year, as reported by PTI. The state-owned lender has already sanctioned ₹38,000 crore in loans this financial year and aims to disburse approximately ₹39,000 crore during the current financial year. IIFCL Managing Director Rohit Rishi emphasized that the company is well-positioned for its next phase of growth as a future-ready infrastructure financing institution.
The government has removed SIFTI (Scheme for Financing Viable Infrastructure Projects) restrictions, providing IIFCL with greater financing flexibility and wider participation in infrastructure projects across various sectors. According to PTI, Rishi stated that with the removal of SIFTI restrictions, the company can now finance more than 20% of total project cost and venture into large projects with plans to downsell later. SIFTI had previously put additional limits on IIFCL operations, restricting the company to lend no more than 20% of the project cost. The company was also under dual regulation of the government and the Reserve Bank of India, but this has been removed last month.
The removal of SIFTI restrictions enables IIFCL to participate more broadly in infrastructure development and offers faster credit expansion through new and innovative lending products. As reported by PTI, Rishi emphasized that this significant policy change will enable the company to witness stronger growth through greater financing flexibility and wider participation in infrastructure projects across various sectors. The company plans to diversify its borrowing portfolio to lower its borrowing cost in FY27, with borrowing to be done in both domestic and offshore markets.
Speaking about asset quality, Rishi highlighted that IIFCL is among the few entities with net NPA of zero. He expressed confidence that the company would cross the ₹1-trillion loan book size by the end of FY27. The loan book at the end of March 2026 was ₹81,715 crore, up 17% over the previous financial year. Regarding IPO plans, Rishi confirmed that the Cabinet Committee on Economic Affairs has given in-principle approval for stake dilution by the government, with listing to be done at the opportune time without disclosing the size of the initial public offering.
IIFCL was set up by the Government of India in 2006 with the main objective of channelising long-term finance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI. As India enters a transformative phase of infrastructure-led economic growth, IIFCL remains committed to supporting the nation's development priorities through responsible, innovative and sustainable financing solutions, with a strong and growing balance sheet and prudent risk management framework.
