RBIs Investment in IIFC UK Subsidiary Drops in FY23-24
Cement

RBIs Investment in IIFC UK Subsidiary Drops in FY23-24

The Reserve Bank of India (RBI) witnessed a notable decline in its investment in the UK subsidiary of the India Infrastructure Finance Company Ltd (IIFC) during the fiscal year 2023-24. According to recent reports, the investment saw a reduction of one-fifth compared to the previous fiscal year.

This decline in RBI's investment comes amidst a backdrop of evolving economic conditions and shifting priorities in the infrastructure sector. While specific reasons for the reduction remain undisclosed, it reflects a nuanced approach by RBI towards its investment portfolio and strategic allocation of resources.

The India Infrastructure Finance Company Ltd (IIFC) serves as a crucial vehicle for channelling investments into various infrastructure projects across India. Its UK subsidiary plays a significant role in facilitating international investment flows into the Indian infrastructure sector.

Despite the decline in RBI's investment, the overall outlook for infrastructure financing remains positive, buoyed by continued government initiatives and private sector participation. The need for robust infrastructure development continues to be a priority for India's economic growth and sustainable development agenda.

As economic dynamics evolve and global investment landscapes undergo transformations, RBI's investment decisions reflect a broader strategy aimed at optimising returns while ensuring stability and resilience in the financial system. The reduction in investment in IIFC's UK subsidiary underscores the importance of adaptability and prudent risk management in managing India's financial assets amidst changing market conditions.

The Reserve Bank of India (RBI) witnessed a notable decline in its investment in the UK subsidiary of the India Infrastructure Finance Company Ltd (IIFC) during the fiscal year 2023-24. According to recent reports, the investment saw a reduction of one-fifth compared to the previous fiscal year. This decline in RBI's investment comes amidst a backdrop of evolving economic conditions and shifting priorities in the infrastructure sector. While specific reasons for the reduction remain undisclosed, it reflects a nuanced approach by RBI towards its investment portfolio and strategic allocation of resources. The India Infrastructure Finance Company Ltd (IIFC) serves as a crucial vehicle for channelling investments into various infrastructure projects across India. Its UK subsidiary plays a significant role in facilitating international investment flows into the Indian infrastructure sector. Despite the decline in RBI's investment, the overall outlook for infrastructure financing remains positive, buoyed by continued government initiatives and private sector participation. The need for robust infrastructure development continues to be a priority for India's economic growth and sustainable development agenda. As economic dynamics evolve and global investment landscapes undergo transformations, RBI's investment decisions reflect a broader strategy aimed at optimising returns while ensuring stability and resilience in the financial system. The reduction in investment in IIFC's UK subsidiary underscores the importance of adaptability and prudent risk management in managing India's financial assets amidst changing market conditions.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?