IIFCL plans to raise about Rs 8,000 cr from borrowing during Jan-Mar quarter

IIFCL plans to raise Rs 8,000 crore from borrowing, including from overseas institutions, during January-March. They aim to fund business growth of 20 percent. IIFCL has finalised blended finance with Asian Development Bank and Korean Exim Bank. Discussions with ADB, World Bank, and JICA for further funds are ongoing. The balance sheet size is approximately Rs 80,000 crore.

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