Bank of Baroda and IIFCL Partner to Strengthen Infrastructure Financing

Bank of Baroda has signed an agreement with India Infrastructure Finance Company Ltd (IIFCL) to work together on infrastructure financing, as per PTI reports.  

The agreement provides for joint lending and loan syndication arrangements for infrastructure projects across India. The announcement was made on Wednesday through an official statement. 

Nature of the arrangement 

The partnership allows both institutions to jointly finance infrastructure projects or participate together in syndicated loans.  

Such arrangements are typically used for projects that involve large capital requirements and longer repayment periods. By sharing exposure, the lenders plan to support projects that may be difficult to fund through a single balance sheet. 

Project Coverage 

The agreement applies to a broad range of infrastructure projects and is not limited to any specific sector. Projects will be evaluated on a pan-India basis, covering both urban and rural areas.  

Funding decisions will be subject to standard due diligence, credit appraisal processes and internal approvals of the respective institutions. 

IIFCL’s Lending Focus 

IIFCL said the collaboration aligns with its ongoing role in providing long-term infrastructure finance.  

Palash Srivastava, Deputy Managing Director at IIFCL, stated that the institution continues to support national priorities through financing linked to green infrastructure, micro, small and medium enterprises, and rural infrastructure. These areas have been part of IIFCL’s lending activities in recent years. 

Role of Bank of Baroda 

Bank of Baroda said the agreement would be supported by its nationwide branch network and lending operations. Lalit Tyagi, Executive Director at the bank, said the collaboration would help extend financing to infrastructure projects across different regions. The bank is expected to participate alongside IIFCL in evaluating and funding eligible projects. 

Background on Infrastructure Funding 

Infrastructure projects typically require long-term funding due to extended construction timelines and delayed revenue generation. Joint lending and syndication models are commonly used to manage risk and meet large funding needs.  

Public sector banks and specialised institutions continue to account for a significant share of infrastructure lending in India. 

Bank of Baroda Share Price Performance  

As of January 22, 2026, 10:28 am, Bank of Baroda share price was trading at ₹306.10, a 2.36% increase from the previous closing price. 

Read More: Bank Nifty Falls Over 1% on Jan 21, 2026, as Selling Pressure in Banking Stocks Continues! 

Conclusion 

The agreement between Bank of Baroda and IIFCL sets out a framework for joint lending and loan syndication for infrastructure projects. The collaboration is intended to address funding requirements across sectors by enabling both institutions to participate together in long-term project financing. 

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