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Ex-Post-Facto approval to capital infusion made in India Infrastructure Finance Company Ltd. during 2007-08 to 2012-13

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....x-Post-Facto approval to capital infusion made in India Infrastructure Finance Company Ltd. during 2007-08 to 2012-13 <br>News and Press Release<br>Dated:- 16-9-2015<br><BR>Press Information Bureau G....

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....overnment of India Ministry of Finance 16-September-2015 14:22 IST The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval to the capital infusion o....

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....f &#8377; 2600 crore made in India Infrastructure Finance Company Ltd. (IIFCL). During 2007-08 to 2012-13, as approved in the Demand for grants to support the future growth of the company. The capita....

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....l infusion was made as approved in the Demands for Grants and consented by the Finance Minister to support the future growth of the company. Background: IIFCL, a wholly owned Government of India com....

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....pany, was, incorporated on January 5, 2006 under the Companies Act, 1956 with an authorized share capital of &#8377; 1000 crore. It commenced its, operations from April 2006. IIFCL was mandated to pro....

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....vide long term debt to viable&#39; infrastructure projects in terms of the Scheme for Financing Viable Infrastructure Projects through IIFCL (broadly referred to as SIFTI). &bull;&bull;&bull;&bull;&b....

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....ull;&bull;&bull; NW/AKT/SH<BR> News - Press release - PIB....