IFCI Ltd

IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the ownership of Ministry of Finance, Government of India.[1] Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.

The company has played a pivotal role in setting up various market intermediaries of repute in several niche areas like stock exchanges, entrepreneurship development organisations, consultancy organisations, educational and skill development institutes across the length and breadth of the country.

The Government of India has placed a Venture Capital Fund of Rs. 200 crore for Scheduled Castes (SC) with IFCI with an aim to promote entrepreneurship among the Scheduled Castes (SC) and to provide concessional finance. IFCI has also committed a contribution of Rs.50 crore as lead investor and Sponsor of the Fund. IFCI Venture Capital Funds Ltd., a subsidiary of IFCI Ltd., is the Investment Manager of the Fund. The Fund was operationalized during FY 2014-15 and IVCF is continuously making efforts for meeting the stated objective of the scheme.

Further, the Government of India designated IFCI as a nodal agency for the “Scheme of Credit Enhancement Guarantee for Scheduled Caste (SC) Entrepreneurs” in March 2015, with the objective of encouraging entrepreneurship in the lower strata of society. Under the scheme, IFCI would provide guarantees to banks against loans to young and start-up entrepreneurs belonging to scheduled castes.

On 1 July 1993, it was reconstituted as a company to impart a higher degree of operational flexibility. Because there was NPA increase, and it was making loss, then gov privatised it. IFCI was allowed to access the capital markets directly.

In November 2024 the Government announced that it would be restructuring IFCI from a financial lender to an advisory firm, shutting down its lending options entirely.[2]

Functions

It provides financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. During its 70 years of existence, mega-projects like Adani Mundra Ports, GMR Goa International Airport, Salasar Highways, NRSS Transmission, Raichur Power Corporation, among others, were set up with the financial assistance of IFCI.

See also

References

  1. ^ "IFCI board okays to raise Rs 500 cr from govt via issuance of equity shares". Business Standard. 19 March 2024. Retrieved 4 December 2024.
  2. ^ "Government to revamp infrastructure lender IFCI, sources say". The Economic Times. 26 November 2024. ISSN 0013-0389. Retrieved 4 December 2024.

Read other articles:

Fadhlullah

FadhlullahS.E. Anggota Dewan Perwakilan RakyatRepublik IndonesiaPetahanaMulai menjabat 1 Oktober 2014Daerah pemilihanAceh I Informasi pribadiLahir15 Juni 1981 (umur 42)Simpang, Geulumpang Tiga, Pidie, AcehPartai politikGerindra (2013—)Afiliasi politiklainnyaPartai Aceh (2007—2012)Suami/istriMukarramahAlma materSekolah Tinggi Ilmu Manajemen Banda AcehKarier militerPihak Gerakan Aceh MerdekaPertempuran/perangPemberontakan di AcehSunting kotak info • L • B Fadhlullah, ...

 

 

2020 United States House of Representatives elections in Pennsylvania

Not to be confused with 2020 Pennsylvania House of Representatives election. 2020 United States House of Representatives elections in Pennsylvania ← 2018 November 3, 2020 2022 → All 18 Pennsylvania seats to the United States House of Representatives   Majority party Minority party   Party Republican Democratic Last election 9 9 Seats won 9 9 Seat change Popular vote 3,432,595 3,346,712 Percentage 50.63% 49.37% Swing 5.88% 5.66% Election res...

 

 

Provinsi Shimousa

Provinsi Shimousa (下総国code: ja is deprecated , shimousa no kuni) adalah provinsi lama Jepang yang menempati wilayah yang sekarang menjadi bagian utara prefektur Chiba. Shimousa bersama provinsi Kazusa juga dikenal sebagai wilayah Sōshū (総州code: ja is deprecated ). Shimousa berbatasan dengan provinsi Hitachi, Kazusa, Kozuke, Musashi dan Shimotsuke. Ibu kota berada di dekat kota yang sekarang bernama Ichikawa, sedangkan kota Sakura merupakan kota terbesar nomor dua. Provinsi Shimou...

North Bay Centennials

Ice hockey team in North Bay, OntarioNorth Bay CentennialsCityNorth Bay, OntarioLeagueOntario Hockey LeagueOperated1982 (1982)–2002Home arenaNorth Bay Memorial GardensColoursBlack, gold and whiteFranchise history1943–47St. Catharines Falcons1947–62St. Catharines Teepees1962–76St. Catharines Black Hawks1976–82Niagara Falls Flyers1982–2002North Bay Centennials2002–presentSaginaw Spirit The North Bay Centennials were a junior ice hockey team in the Ontario Hockey League, who p...

 

 

Pendidikan di Jepang

Pendidikan di Jepang mencakup pendidikan formal di sekolah, pendidikan moral di rumah, dan pendidikan masyarakat (pendidikan seumur hidup). Wajib belajar pendidikan dasar dan menengah berlaku untuk penduduk berusia 6 tahun hingga 15 tahun. Penduduk terdaftar yang memiliki anak usia wajib belajar akan menerima pemberitahuan untuk memasukkan anak ke sekolah. Sebagian besar lulusan sekolah menengah pertama melanjutkan ke sekolah menengah atas. Sekolah negeri atau sekolah umum (公立学校code: ...

 

 

William Morris

William MorrisWilliam Morris di usia 53Lahir(1834-03-24)24 Maret 1834Walthamstow, London, InggrisMeninggal3 Oktober 1896(1896-10-03) (umur 62)Hammersmith, London, InggrisPekerjaanPenulis, Penyair, SenimanSuami/istriJane BurdenAnakJane Alice Morris, Mary (May) MorrisOrang tuaWilliam Morris & Emma Morris née Shelton William Morris (24 Maret 1834 – 3 Oktober 1896) adalah seorang penulis, penyair, dan seniman Inggris.[1] Beberapa puisi karyanya antara lain: A De...

Aaron Fike

American racing driver NASCAR driver Aaron FikeBorn (1982-11-24) November 24, 1982 (age 41)Galesburg, Illinois, U.S.Awards2002, 2003 United States Auto Club National Midget Driver of the YearNASCAR Xfinity Series career52 races run over 3 yearsBest finish28th (2005)First race2004 Goody's Headache Powder 200 (Rockingham)Last race2006 New England 200 (New Hampshire) Wins Top tens Poles 0 1 0 NASCAR Craftsman Truck Series career12 races run over 1 yearBest finish25th (2007)First race2007 Ch...

 

 

TAF12

TAF12 التراكيب المتوفرة بنك بيانات البروتينOrtholog search: PDBe RCSB قائمة رموز معرفات بنك بيانات البروتين 1H3O المعرفات الأسماء المستعارة TAF12, TAF2J, TAFII20, TATA-box binding protein associated factor 12 معرفات خارجية الوراثة المندلية البشرية عبر الإنترنت 600773 MGI: MGI:1913714 HomoloGene: 68477 GeneCards: 6883 علم الوجود الجيني الوظي...

 

 

Water polo at the 2016 Summer Olympics – Men's qualification

2016 Men's Water Polo Olympic Games Qualification TournamentTournament detailsHost country ItalyVenue(s)1 (in 1 host city)Dates3–10 AprilTeams12 (from 4 confederations)Final positionsChampions HungaryRunner-up ItalyThird place SpainFourth place FranceTournament statisticsMatches played42Goals scored785 (18.69 per match) Water polo at the2016 Summer OlympicsQualificationmenwomenTournamentsmenwomenRostersmenwomenvte The 2016 Men's Water Polo ...

NGC 4218

NGC 4218   الكوكبة السلوقيان[1]  رمز الفهرس NGC 4218 (الفهرس العام الجديد)PGC 39237 (فهرس المجرات الرئيسية)UGC 7283 (فهرس أوبسالا العام)2MASX J12154624+4807531 (Two Micron All-Sky Survey, Extended source catalogue)IRAS 12132+4824 (IRAS)MCG+08-22-088 (فهرس المجرات الموروفولوجي)IRAS F12133+4824 (IRAS)Z 243-54 (فهرس المجرات وعناقيد المجرات)UZC J121546.3+...

 

 

Annunciazione

Disambiguazione – Se stai cercando altri significati, vedi Annunciazione (disambigua). Annunciazione del SignoreBeato Angelico, Annunciazione (1438-1450; Firenze, Museo di San Marco).Tiporeligiosa Data25 marzo ReligioneCristianesimo Oggetto della ricorrenzaAnnuncio della nascita di Gesù Altri nomiAnnunciazione della beata Vergine Maria,Maria Santissima Annunziata L'Annunciazione del Signore[1][2] o della Beata Vergine Maria[3][4] è, nella religion...

 

 

Anurag Thakur

Anurag Thakur (2021) Anurag Singh Thakur (lahir 24 Oktober 1974) adalah seorang anggota Dewan Rendah Parlemen di India (Lok Sabha) dari Hamirpur di Himachal Pradesh, dan Menteri Olahraga, Urusan Pemuda dan Menteri Informasi dan Penyiaran. Thakur juga menjabat sebagai Menteri Keuangan dan Urusan Perusahaan. Ia adalah putra dari Prem Kumar Dhumal, mantan Ketua Menteri Himachal Pradesh. Ia mula-mula terpilih dalam Lok Sabha pada Mei 2008 dalam sebuah jajak pendapat sebagai kandidat Partai Bharat...

الحياة السياسية في إنجلترا

تشكل الحياة السياسية في إنجلترا الجزء الأكبر من الحياة السياسية الأوسع نطاقًا للمملكة المتحدة، باعتبار إنجلترا أكثر اكتظاظًا بالسكان من جميع البلدان الأخرى في المملكة المتحدة مجتمعة. ونظرًا لأن إنجلترا أيضًا هي الأكبر من حيث المساحة والناتج المحلي الإجمالي، فإن علاقته�...

 

 

意大利

義大利共和國Repubblica Italiana（義大利語） 国旗 国徽 国歌：Il Canto degli Italiani（義大利語）《義大利人之歌》 意大利的位置（深綠色）– 歐洲（淺綠色及深灰色）– 歐盟（淺綠色）  —  [圖例放大]首都暨最大城市 羅馬41°53′35″N 12°28′58″E / 41.89306°N 12.48278°E / 41.89306; 12.48278官方語言及國家語言義大利語a宗教83.3% 天主教12.4% 無宗教3...

 

 

2018–19 Bradford City A.F.C. season

Bradford City 2018–19 football seasonBradford City2018–19 seasonChairmanEdic RahicStefan RuppHead CoachMichael Collins(Until 3 September)[1]David Hopkin(Between 4 September–25 February)[2][3]Gary Bowyer(from 4 March)[4]StadiumValley ParadeLeague One24th (relegated)FA CupRound 2 Replay (vs. Peterborough United)EFL CupRound 1 (vs. Macclesfield Town)EFL TrophyGroup StageTop goalscorerLeague: Eoin Doyle (11)All: Eoin Doyle (11)Highest home attendance19,487 v...

Real Madrid Castilla

Voce principale: Real Madrid Club de Fútbol. Real Madrid Castilla CFCalcio Castilla Segni distintiviUniformi di gara Casa Trasferta Terza divisa Colori sociali Bianco InnoHala Madrid y nada másManuel Jabois Dati societariCittàMadrid Nazione Spagna ConfederazioneUEFA Federazione RFEF CampionatoPrimera División RFEF Fondazione1930 Presidente Florentino Pérez Allenatore Raúl González Blanco StadioAlfredo Di Stéfano(9 000 posti) Sito webrealmadrid.com PalmarèsTitoli nazionali1...

 

 

Norman Francis McFarland

Norman Francis McFarlandvescovo della Chiesa cattolica In veritate ambulare  Incarichi ricoperti Vescovo titolare di Bida (1970-1976) Vescovo ausiliare di San Francisco (1970-1976) Amministratore apostolico di Reno (1974-1976) Vescovo di Reno (1976) Vescovo di Reno-Las Vegas (1976-1986) Vescovo di Orange in California (1986-1998)  Nato21 febbraio 1922 a Martinez Ordinato presbitero15 giugno 1946 dall'arcivescovo John Joseph Mitty Nominato vescovo5 giugno 1970 da papa Paolo VI Consac...

 

 

Polish Automobile and Motorcycle Federation

Polski Związek MotorowyOld LogoSportMotorsportJurisdictionPolandAbbreviationPZMFounded1909/1950AffiliationFIA, FIMHeadquartersWarszawaPresidentMichał Sikora, PrezesReplacedPolish Car Club, Polish Motorcycle AssociationOfficial websitewww.pzm.pl The Polski Związek Motorowy (PZM, PZMot) (English: Polish Automobile and Motorcycle Federation) is an automobile club and the governing body of motorsports in Poland. It is based in Warsaw. Established in 1950 by merging the Polish Car Club and the ...

最强大脑

此條目或其章節有關播映中的電視節目，內容或許隨節目播出而有所更動。維基百科并非不经筛选的信息收集处。請留心記載正確資訊，在情報相對明确之後進行編輯更新。  若非特別註明，本條目所有時間皆為東八區標準時間（UTC+8）。 最强大脑Super Brain第三、四季節目片頭别名The Brain类型科学类真人秀，游戏节目格式季播兼周播综艺节目原作德国节目《Deutschlands Superhi...

 

 

سومان راو

هذه المقالة يتيمة إذ تصل إليها مقالات أخرى قليلة جدًا. فضلًا، ساعد بإضافة وصلة إليها في مقالات متعلقة بها. (يونيو 2019) سومان راو معلومات شخصية الميلاد 23 نوفمبر 1998 (26 سنة)  مواطنة الهند  الحياة العملية المهنة متسابقة ملكة الجمال،  وعارضة  تعديل مصدري - تعديل   سومان ...