IIFCL has set its FY26 annual sanctions target at ₹75,000 crore, a 30% jump from the previous year. This aggressive expansion follows a record FY25 close: ₹57,680 crore in annual sanctions and 16% growth in disbursements. The company's standalone loan book has crossed ₹81,000 crore.
The growth push is backed by rock-solid asset quality. Gross NPA fell to 0.40% from 1.10% year-on-year. More striking: net NPA now stands at absolute zero, proving that rapid scaling and credit discipline are not mutually exclusive in infrastructure lending.
The expansion is powered by regulatory relief. IIFCL has secured removal of key lending restrictions, specifically caps on exposure to total project costs. This unlocks the lender to underwrite significantly larger infrastructure mega-projects and distribute them to other lenders through down-selling arrangements.
MD Rohit Rishi's announcement signals confidence in both demand for infrastructure financing and IIFCL's operational capacity. The zero net NPA position eliminates concern that aggressive targets might compromise credit standards. For a state-backed infrastructure lender, this balance is uncommon.
