Parliament Question: Sanctions and disbursements by IIFCL

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES RAJYA SABHA UNSTARRED QUESTION NO. 2795 ANSWERED ON TUESDAY, MARCH 17, 2026/ 26 PHALGUNA, 1947 (SAKA) SANCTIONS AND DISBURSEMENTS BY IIFCL 2795. SHRI LAHAR SINGH SIROYA: SHRI MITHLESH KUMAR: SMT. SEEMA DWIVEDI: SHRI SHAMBHU SHARAN PATEL: Will the Minister of FINANCE be pleased to state: (a) the details of sanctions and disbursements by India Infrastructure Finance Company Limited (IIFCL) during the past three years, region-wise and year-wise; (b) the details of capital investment, guarantees, or other financial assistance provided to the company by Government during this period; (c) the measures taken to strengthen its role in long-term infrastructure financing, such as credit enhancement and refinancing mechanisms; and (d) whether any review has been conducted regarding the company’s financial performance, asset quality and its contribution to infrastructure development, if so, the details of the findings thereof? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) Details of region-wise and year-wise sanctions and disbursements by IIFCL during past three years are enclosed at Annexure. (b) No capital investment has been provided by Government to IIFCL during past three years. For FY 2022-23 and 2023-24, no government guarantee was provided to IIFCL. For FY 2024-25, Government provided guarantee for new line of credit from ADB of USD 500 million, however, no draw down was made till 31st March 2025. (c) IIFCL is a Board-driven entity and all operational decisions are taken by the Board of IIFCL under the broad mandate provided to it by Government through Scheme for Financing Viable Infrastructure Projects. IIFCL has operationalized Credit Enhancement Scheme under which it provides partial credit guarantee to enhance the credit rating of bonds issued by infrastructure companies to AA or higher for refinancing of existing loans. As on 31st March 2025, IIFCL has sanctioned guarantees of ₹ 2,436 crore for bond issuance exceeding ₹ 9,000 crore by more than 20 infrastructure projects. Also, IIFCL under its refinance scheme has cumulatively sanctioned ₹ 79,897 crore and disbursed ₹ 50,101 crore as on 31st March 2025. (d) Department of Financial Services regularly conducts comprehensive review of IIFCL inter-alia including its financial performance, contribution to infrastructure development, asset quality etc. Last review meeting was conducted on 27.01.2026. *****Annexure During the past three years, region-wise and year-wise sanctions and disbursements by IIFCL: (in ₹ crores) FY2022-23 FY2023-24 FY2024-25 State Annual Annual Annual Annual Annual Annual Sanction Disbursement Sanction Disbursement Sanction Disbursement A) Direct Lending and Takeout Financing Andhra 650 52 2,746 1,944 2,486 806 Pradesh Assam - - - - 167 - Bihar - 489 - - - - Chhattisgarh 215 - 1,500 64 - 89 Goa - 124 - 20 - - Gujarat - 597 4,399 3,935 1,732 764 Haryana - 56 660 398 - 220 Himachal 575 180 - 110 - 198 Pradesh Jammu & 1,068 722 - 53 - 7 Kashmir Jharkhand 128 - 150 - - 141 Karnataka 373 159 1,548 413 386 740 Kerala 545 - - 110 - 62 Madhya 180 25 2,000 1,611 1,210 547 Pradesh Maharashtra 1,650 883 2,000 635 5,500 931 Orissa - - 500 - - 106 Punjab 213 - - 23 - 27 Rajasthan 1,795 298 519 1 3,312 2,484 Sikkim - - 3,642 - - - Tamil Nadu 299 92 - 148 - 61 Telangana 920 - 2,943 - 101 66 Uttar Pradesh 2,535 250 1,635 981 1,474 3,779 West Bengal - 102 - 89 - 162 B) Bonds 5,225 5,225 2,267 2,267 20,636 4,089 C) InVIT 5,800 772 4,800 4,078 2,620 560 D) Refinance 7,000 3,800 11,000 5,475 11,500 12,661 Total 29,171 13,826 42,309 22,356 51,124 28,501 (A+B+C+D) Source: IIFCL *****