PNB indicators MoU with India Infrastructure Finance 

Punjab Nationwide Financial institution (PNB), a number one public sector financial institution, has signed a memorandum of understanding with India Infrastructure Finance Firm Ltd (IIFCL), a state-owned firm, to collaborate in financing of infrastructure initiatives. Below this collaboration, the events can mutually take part underneath consortium/a number of lending association to supply monetary assist to … Read more

IIFCL eyeing IPO this yr, itemizing to unlock worth

India Infrastructure Finance Firm Ltd (IIFCL) will this yr go in for an preliminary public providing (IPO), unlocking worth for the Authorities, Pawan Kumar, Deputy Managing Director, has mentioned.  Presently, IIFCL, which started its journey on January 5, 2006, is wholly owned by the Authorities. IIFCL has up to now financed 750 infrastructure tasks (PPP) … Read more