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After constraints get addressed, IIFCL book can grow to ₹4 trn by FY28: MD

P R Jaishankar talks about the road ahead for India Infrastructure Finance Company

P R Jaishankar, Managing Director, India Infrastructure Finance Company (IIFCL)
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P R Jaishankar, Managing Director, India Infrastructure Finance Company (IIFCL)

Harsh Kumar

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India Infrastructure Finance Company (IIFCL), the wholly owned government enterprise that provides long-term finance to viable infrastructure projects, is aiming to grow the size of its books to ₹4 trillion by 2028. In a face-to-face interview with Harsh Kumar, Managing Director P R Jaishankar talks about the road ahead for the financier. Edited excerpts:
 
The Department of Financial Services secretary has talked of setting a target of ₹1 trillion (size of books) and aiming to double that in three years. How has been the progress on that front?
 
We are confident about that target. On a consolidated basis, we’re close