IIFCL Plans IPO In FY25 ; Unlock Value For Govt
IIFCL reported a two-fold jump in standalone net profit to Rs 1,076 crore for FY23 aided by an increase in lending and reduction of bad loans.
Source: india.com
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IIFCL reported a two-fold jump in standalone net profit to Rs 1,076 crore for FY23 aided by an increase in lending and reduction of bad loans.
As of now, IIFCL is 100% owned by the government. Jaishankar said that he expects the FY24 profit to cross Rs 1,500 crore.
India Infrastructure Finance Company Limited (IIFCL) is hosting a two-day seminar on Capacity Building on Developing Marquee Infrastructure on February 8 and 9