Description : IL&FS was incorporated in 1987 and commenced operations in 1988. The Company was promoted by the Central Bank of India (CBI), Housing Development & Finance Corporation (HDFC) and Unit Trust of India (UTI). The Company has been mandated to undertake operations in the following broad business segments :

Commercialisation of infrastructure projects through formulation of commercially viable schemes in conjunction with public and private sector project sponsors

Providing a full range of financial services including equipment leasing, investment banking, project financing, asset management, merchant banking and advisory services and distribution as well as back office services.