Measures taken by IIFCL to keep bad loans under check: Parliament panel ...Middle East

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Measures taken by IIFCL to keep bad loans under check: Parliament panel
source : Business Standard ( Middle East ) () 53
Appreciating the measures taken by IIFCL, a Parliamentary panel said initiative taken by the state-owned entity will keep bad loans under check and also help it in discharging its role as a pioneer lender in financing infrastructure projects. India Infrastructure Finance Company Limited (IIFCL) is a public sector financial institution established in January 2006 that is wholly-owned by the government of India. According to the Committee on Public Undertakings (COPU) submitted recently in Parliament, measures taken will go a long way in improving and strengthening the functioning of IIFCL. The company has put in place a Board approved Management Policy which lays out the Directives and Guidel

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