New Delhi: State-owned India Infrastructure Finance Company Ltd (IIFCL) announced that Rohit Rishi has officially assumed charge as the company’s Managing Director. The appointment marks a significant leadership transition for the government-owned infrastructure finance company.
Professional Background of Rohit Rishi
Before taking charge at IIFCL, Rohit Rishi served as Executive Director at the Bank of Maharashtra. He brings over three decades of experience in banking and financial services, making him well-positioned to lead IIFCL’s mission of financing infrastructure projects across India.
Read also: Bank of Baroda Partners with IIFCL to Boost Sustainable Infrastructure Financing Across India
IIFCL’s Role and Operations
Established in 2006, IIFCL is a wholly-owned Government of India company tasked with providing long-term financial assistance to viable infrastructure projects. The company operates under the Scheme for Financing Viable Infrastructure Projects (SIFTI) through a special purpose vehicle, aiming to boost the development of large-scale infrastructure in India.
IIFCL is registered as an NBFC-ND-IFC with the Reserve Bank of India (RBI) since September 2013 and adheres to RBI’s prudential norms. As of March 31, 2025, the company’s authorised capital stood at ₹10,000 crore, with a paid-up capital of ₹9,999.92 crore.
About IIFCL
India Infrastructure Finance Company Ltd (IIFCL) plays a crucial role in India’s infrastructure development by providing long-term financial support to viable projects. Over the years, the company has contributed significantly to the growth of sectors such as transport, energy, and urban infrastructure, helping the government achieve its infrastructure development goals.
Read also: IIFCL Felicitated at Uttarakhand CSR Dialogue 2025 for Impactful Contribution to Education
