Pankaj Jain Assumes Charge as IIFCL Managing Director

Pankaj Jain, Joint Secretary in the Department of Financial Services (DFS), has assumed charge as the Managing Director of India Infrastructure Finance Company Ltd (IIFCL).

He will be holding additional charge of IIFCL along with his present position as Joint Secretary at DFS. IIFCL is a state-owned company focused on infrastructure financing and development.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
  • IIFCL is a wholly-owned Government of India company set up in 2006.
  • IIFCL has been registered as an NBFC-ND-IFC with RBI since September 2013.
Source- DD News