Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 262)
262.
Cabinet approves hike in authorized capital of India Infrastructure Finance Company Limited (IIFCL) from Rs 6,000 crore to?
Answer: Option
Explanation:
The cabinet has also approved increasing the authorised capital of India Infrastructure Finance Company Ltd (IIFCL) from Rs 6,000 crore to Rs 25,000 crore. The Union Cabinet on December 11 approved infusing additional Rs 5,300 crore capital into IIFCL through recapitalisation bonds in the current fiscal year.
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