ifci in A Sentence
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Md and ceo, Ifci ltd.
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Ifci Tower, 61 Nehru Place, New Delhi-110 019.
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Th Floor, Ifci Tower.
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Ifci Industrial Finance Corporation of India.
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Establishment of Ifci.
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Industrial Finance Corporation of India(Ifci) is an example of development bank.
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The Ifci was established on 1 July 1948 under the Ifci Act 1948.
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Ifci also publishes its quarterly and annual results/reports in Ifci's website and in the news papers.
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Since its inception 70 years back, Ifci has witnessed and sustained all business economic cycles.
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UTI already has a bureaucrat as its head. Ifci too is likely to have one once its present chairman goes.
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Ifci was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry.
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Ifci was the first Development Financial Institution of India set up to propel economic growth through the development of infrastructure and industry.
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Ironically, the poor performance of UTI and Ifci is being taken as an excuse to unleash babus into the boardrooms of FIs.
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In April, 1999, Ifci subscribed to the share capital of the Company besides acquiring the shareholding of 20th Century Group, thus becoming the largest shareholder.
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At Ifci Group, we completely understand the current economic environment & business needs of our clients and it is our endeavour to provide comprehensive financial products and services.
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CDs can't get issued by every bank and authority has confined itself to very few banks of India under Commercial Banks of India and few Financial institutions like Ifci.
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Ifci is the oldest Financial Institution and the first Development Finance Institution of the country set up in 1948 and has been contributing towards Indian economic growth through development of infrastructure and industry.
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In case of receipt by Ifci Venture of a request from the borrower for transfer of borrower account, the consent or otherwise i.e. objection of Ifci Venture, if any, would be conveyed to the borrower within 21 days from the date of receipt of such request, and such transfer, if consented to, shall be as per transparent contractual terms in consonance with Law.
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