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IIFCL Aims for ₹75,000 Crore in Sanctions by FY26 Following Lending Rule Changes
IIFCL eyes Rs 75,000 cr sanctions in FY26 on removal of lending curbs
Image: Asianet Newsable
India Infrastructure Finance Company Ltd (IIFCL) plans to sanction ₹75,000 crore (approximately $9 billion USD) in FY26, a 30% increase from the previous year. This growth is attributed to the removal of lending restrictions, allowing the company to expand its infrastructure financing role significantly.
- 01IIFCL achieved record sanctions of ₹57,680 crore (approximately $6.9 billion USD) in FY 2025-26, marking a 13% year-on-year increase.
- 02The removal of a cap on project exposure has enabled IIFCL to underwrite larger projects and increase its loan book.
- 03IIFCL's gross non-performing assets (NPA) improved to 0.40%, down from 1.10% the previous year, with net NPA reaching zero.
- 04The company has already approved loans worth ₹38,000 crore (approximately $4.6 billion USD) since the lending restrictions were lifted.
- 05IIFCL is diversifying into emerging sectors such as data centers and urban development projects, alongside traditional infrastructure.
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India Infrastructure Finance Company Ltd (IIFCL) is targeting annual sanctions of ₹75,000 crore (approximately $9 billion USD) in FY26, representing a 30% increase over the previous year. This ambitious goal follows the removal of a key lending restriction that previously capped the company's exposure at 20% of project costs, allowing it to take on larger projects and enhance its infrastructure financing capabilities. In FY 2025-26, IIFCL recorded its highest-ever sanctions of ₹57,680 crore (around $6.9 billion USD), a 13% rise year-on-year, while disbursements increased by 16% to ₹32,972 crore (approximately $4 billion USD). The company's asset quality has also improved, with gross NPA dropping to 0.40% from 1.10% last year, and net NPA reaching zero. IIFCL has approved loans worth ₹38,000 crore (about $4.6 billion USD) since the lifting of restrictions and aims for a 20% growth in disbursements in FY26. Additionally, the company is exploring new sectors such as data centers and urban development, positioning itself for sustained growth in India's infrastructure landscape.
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The increased lending capacity of IIFCL is expected to enhance infrastructure development in India, potentially leading to job creation and improved public services.
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