Profile

IIFC (UK) Limited is a wholly-owned subsidiary of India Infrastructure Finance Company Limited (IIFCL), which is itself a fully-owned enterprise of the Government of India. Established to support India’s infrastructure development, IIFC UK provides long-term foreign currency loans to eligible Indian companies undertaking infrastructure projects.

The company operates under the Government of India-approved Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle, commonly referred to as SIFTI. Under this scheme, IIFC UK typically participates in consortium or syndicated lending arrangements for qualifying infrastructure projects in India, according overriding priority to PPP projects.

As of 31st March 2025, the company’s authorised capital stood at USD 500 million, with a paid-up capital of USD 150 million.

In addition to direct lending under SIFTI, IIFC UK also extends foreign currency loans under the Government of India’s New Refinance Scheme, aimed at supporting eligible financial institutions in India.

All lending by IIFC UK is classified as External Commercial Borrowing (ECB) by the Reserve Bank of India (RBI), and is therefore subject to RBI’s ECB guidelines, including parameters such as minimum maturity periods and permitted end-uses.

As of 31^st March 2025, the cumulative loan sanctions, after cancellations and reductions, stand at USD 4,914 million and cumulative disbursements stand at USD 2,464 million.