We have zero NPAs, a rarity in infrastructure financing

28 Oct 2023 CW Team

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

Infrastructure is crucial for India鈥檚 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鈥檚 in-depth market understanding, rigorous credit appraisal and project monitoring process helped it build a best-in-class zero NPA asset portfolio.

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ECONOMY & POLICY

14 May 2025

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