Govt okays Rs 5,300 cr capital infusion into IIFCL via recap bonds in FY20; Rs 10k cr next fiscal

CNBC-TV18 2019-12-12

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The Union Cabinet on Wednesday approved infusing additional Rs 5,300 crore capital into IIFCL through recapitalisation bonds in the current fiscal year. Another Rs 10,000 crore will be infused in 2020-21.

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