IIFCL to disburse Rs. 5,500 crore in four months.

State-owned India Infrastructure Finance Company Ltd. (IIFCL) said it would disburse Rs. 5,500 crore loans to various infrastructure projects in four months.
'The loan disbursement target for the current fiscal is Rs. 9,500 crore,' IIFCL executive director HK Bhanwala told PTI.

IIFCL has already disbursed Rs. 4,000 crore between April-November period, he said, adding that the remaining Rs. 5,500 crore would be disbursed by the end of March.
He said, IIFCL has disbursed loans to some of the stalled projects cleared by the Cabinet Committee on Investment (CCI).

ET