India Infrastructure Finance Company Limited (IIFCL)

    India Infrastructure Finance Company Limited (IIFCL) -was incorporated on January 5, 2006 under the Companies Act 1956 as a wholly Government owned Company. IIFCL is a dedicated institution purported to assume an apex role for financing and development of infrastructure projects in the country. The govt. recently dedicated $ 6 bn from foreign exchange reserve to the IIFCL to finance infrastructure projects.