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India IIFCL to get $1.2 bn from World Bank in April

http://www.hindu.com

State-run infrastructure financing company IIFCL on Friday said the World Bank will disburse USD 1.2 billion loan next month for its various infrastructure projects."We have been told on Thursday, that they (World Bank) are doing $ 1.2 billion (disbursing it) in April meeting," India Infrastructure Finance Company Ltd (IIFCL) Chairman SS Kohli told reporters on the sidelines of a FICCI summit here, when asked about assistance from the World Bank.

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