We have zero NPAs, a rarity in infrastructure financing
ECONOMY & POLICY

We have zero NPAs, a rarity in infrastructure financing

Shiva Rajaraman, Chief Executive Officer (CEO), NIIF-IFL, speaks about ESG focussed infrastructure financing and efficacy of Green bonds

Infrastructure is crucial for India’s economic growth and for achieving the India 2047 vision. The Union Budget 2023-24 of the Government of India has also emphasised on the need for increased spending in the infrastructure sector.

NIIF Infrastructure Finance (NIIF IFL) was incorporated as an Infrastructure Debt Fund (IDF) around 9 years back, to refinance operating infrastructure projects across the country. Over the years, NIIF IFL has refinanced infrastructure projects across multiple sectors and the Company’s in-depth market understanding, rigorous credit appraisal and project monitoring process helped it build a best-in-class zero NPA asset portfolio.

To read the full story, CLICK HERE...


Shiva Rajaraman, Chief Executive Officer (CEO), NIIF-IFL, speaks about ESG focussed infrastructure financing and efficacy of Green bondsInfrastructure is crucial for India’s economic growth and for achieving the India 2047 vision. The Union Budget 2023-24 of the Government of India has also emphasised on the need for increased spending in the infrastructure sector.NIIF Infrastructure Finance (NIIF IFL) was incorporated as an Infrastructure Debt Fund (IDF) around 9 years back, to refinance operating infrastructure projects across the country. Over the years, NIIF IFL has refinanced infrastructure projects across multiple sectors and the Company’s in-depth market understanding, rigorous credit appraisal and project monitoring process helped it build a best-in-class zero NPA asset portfolio.To read the full story, CLICK HERE...

Next Story
Technology

BBMP Pledges Faster E-Khata Processing Amid Citizen Complaints

Facing mounting complaints over delays in e-khata issuance, the Bruhat Bengaluru Mahanagara Palike (BBMP) has promised to resolve the issue within 10 days. BBMP Chief Commissioner Tushar Giri Nath assured citizens that efforts are underway to expedite processing rates from the current 2,000 to a target of 10,000–15,000 applications daily. "We have cleared 90% of the 90,000 pending applications, leaving only 4,500 to process. To meet the demand, over 800 additional staff and assistant revenue officers (AROs) have been deployed to manage applications in each ward," Nath stated. Persistent Dela..

Next Story
Real Estate

Delhi HC Orders DDA to Assist CBI in Housing Lapses Probe

The Delhi High Court has instructed the Delhi Development Authority (DDA) to fully cooperate with the Central Bureau of Investigation (CBI) in its probe into alleged lapses in the construction of 336 high-rise HIG/MIG houses at Signature View Apartments, north Delhi. Justice Chandra Dhari Singh emphasized that DDA must furnish information about any internal inquiry and the officials involved to facilitate the investigation. The court noted CBI’s submission that DDA had not responded to multiple reminders since July, delaying the probe. The CBI is investigating allegations of "cheating, crimi..

Next Story
Infrastructure Urban

Mahindra Lifespace to Appeal Tamil Nadu GST Tax Demand

Mahindra Lifespace Developers Ltd has announced a tax demand of Rs 20.9 million imposed by the Tamil Nadu GST department, including interest and penalties. The order, issued by the Assistant Commissioner of State Tax, Chengalpattu, cites an alleged shortfall in GST payments under Section 74 of the GST Act, 2017. The realty firm refuted the allegations, stating, “Based on the company's assessment, there is no noncompliance, and a general penalty has been imposed.” The company plans to appeal the order, expressing confidence in a favorable resolution. Mahindra Lifespace assured stakeholders ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000