2. IFCI â 1948 in New Delhi the bank started
Any public limited or co operative society which
comes under Indian government in the forms of
Manufacture, preservation or processing of goods,
or in the shipping, mining or hotel industry or in
the generation or of distribution of electricity or
any other form of power, is eligible for financial
assistance.
3.
4. CORPORATE STRATEGY
âą IFCI aims to enhance its organizational value
through better realization of its Non-
performing Assets (NPAs)
5. Financial assistance to industries are through
1) rupee
2)foreign currency loans.
3)underwriting/direct subscriptions to shares
4)Debentures and guarantees
6. Other financial services through facilities for
Equipment procurement
Equipment finance
Equipment leasing
Finance to leasing
Hire purchase of companies
8. Finance is raised through
share capital
Bonds and debentures
Other borrowings
9. Promotional scheme
ïŒ Interest subsidy scheme for women
entrepreneurs
ïŒConsultancy fee subsidy schemes for providing
marketing assistance to small scale units
ïŒEncouraging the modernization of tiny small
scale ancillary units
ïŒPromoting research for the develoment of
industries.