Question
Which financial service company has sanctioned loans
worth Rs 8,800 crore for airports and civil aviation infrastructure development in the country?Solution
India Infrastructure Finance Company Limited (IIFCL) has sanctioned loans worth Rs 8,800 crore for airports and civil aviation infrastructure development in the country. The company is one of the major financiers of airports in India and has supported airports with a total project outlay of about Rs 74,000 crore.
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