What is New

• Mr. Rajiv Takru, Secretary (Financial Services), Department of Financial Services, Ministry of Finance, Government of India was appointed as Director on the board of the Company with effect from 8th March 2013.
• Mr. M. Mahapatra, Senior General Manager, State Bank of India was appointed as Government of India Nominee Director on the Board of the Company with effect from 27th December 2012.
• Prof. Gerry George was re-appointed as Non-Executive Director on the Board of the Company with effect from 19th November 2012.
• Up to February 2013, IIFC (UK) has accorded approval to 47 projects, for aggregate loan amount of USD 4.517 billion. The total cost of these projects is over USD 50 billion.
• Of the forty seven approved projects, twenty six projects are in the Power Sector, Five are in the Mass Rapid Transport System- Metro Rail, Nine in the Seaport, Three in the Gas Pipeline and four in Fertilizers Manufacturing sector.
• IIFC (UK) earned a PBT of USD 25.711 million and PAT of USD 19.537 million at the end of Nine months of FY 2012-13, as compared to USD 15.677 million and USD 11.595 million, respectively, at the end of Nine months of FY 2012-13