West Bengal Infrastructure Development Finance Corporation Ltd. (popularly known as WBIDFC) has been a forerunner in infrastructure financing of the State. It raises funds from the market and lends to the State Government or its Undertakings for development of various infrastructure activities of the State. 23 years in operation, WBIDFC has expanded its business model which now encompasses loans to Public Sector Undertakings, Joint Sector Companies, Private Sector Outfits who have taken up infrastructure or allied projects in the State of West Bengal. While financing of infrastructure projects continues to be the principal business of the Corporation, WBIDFC had also launched a residential housing project at Rajarhat, New Town. WBIDFC is one of the few undertakings of the Govt. Of West Bengal which earned uninterrupted profits since inception and secured a place of esteem among the Financial Institutions.