The Tourism Finance Corporation of India Limited (TFCIL) has announced a strategic expansion of its lending portfolio, with a sharper focus on hospitality, real estate, and MSME solar financing within the tourism ecosystem.
Anoop Bali, Managing Director & CEO of TFCIL, said the company aims to achieve INR2,000 crore in disbursements for FY26, supported by rising demand for hotel and real estate funding. While hospitality continues to be TFCIL’s core vertical, its exposure to the segment—currently about 65%—is set to moderate to around 50% by FY27, as lending in real estate and MSME sectors increases.
“As travel rebounds, opportunities in hotel infrastructure and sustainable projects are expanding,” Bali said. “Our MSME solar financing and proposed tourism-focused Alternative Investment Fund (AIF) will accelerate green energy adoption and strengthen the tourism value chain.”
TFCIL’s solar financing strategy will target hotels, resorts, and ancillary MSMEs, enhancing sustainability and cost efficiency. Bali added that asset-quality vigilance and prudent credit monitoring will remain central as the NBFC transitions from a tourism-focused lender to a diversified financial institution supporting India’s broader infrastructure growth.


