Tag Archives: merger

Infrastructure financing: Narendra Modi government mulls merger of IIFCL, REC, IFCI, PFC

Earlier this year, finance minister Arun Jaitley had said the country required investments worth an estimated Rs 43 lakh crore (about 6 billion) in infrastructure over the next five years. (Reuters) Just like in the banking sector, the government is looking at consolidation in the infrastructure financing space. The government is exploring the possibilities of consolidation by merging companies like ... Read More »