India Infrastructure Finance Company Ltd (IIFCL) plans to access international markets to raise about US Dollar (USD) 1.30 billion in the next 2-3 months through External Commercial Borrowings and other debt instruments.
The infrastructure financier, which is wholly-owned by the Government, also intends to raise an additional $1 billion through overseas borrowings, subject to necessary approvals from the Government of India and other regulatory authorities.
In line with the policy framework of the Government of India and the Reserve Bank of India, IIFCL said it is evaluating opportunities to raise funds through External Commercial Borrowings (ECBs).
The recent measures announced by the Reserve Bank of India, including the concessional USD-INR swap facility for eligible ECBs, are expected to enhance the attractiveness of overseas borrowings by reducing hedging costs, thereby providing an additional avenue for accessing competitively priced long-term capital, per the company’s statement, .
The aforementioned NCD issuance is part of the infrastructure financier’s ₹34,200 crore resource mobilisation programme for FY 2026-27 to support the growing financing requirements of India’s infrastructure sector.
