IFCI – 1948 in New Delhi the bank startedAny 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.
CORPORATE STRATEGY• IFCI aims to enhance its organizational value through better realization of its Non- performing Assets (NPAs)
Financial assistance to industries are through1) rupee2)foreign currency loans.3)underwriting/direct subscriptions to shares4)Debentures and guarantees
Other financial services through facilities forEquipment procurementEquipment financeEquipment leasingFinance to leasingHire purchase of companies
Merchant bank activities project preparation reportIssues of sharesAdvising risk and venture capital
Finance is raised throughshare capitalBonds and debenturesOther borrowings
Promotional scheme Interest subsidy scheme for women entrepreneursConsultancy fee subsidy schemes for providing marketing assistance to small scale unitsEncouraging the modernization of tiny small scale ancillary unitsPromoting research for the develoment of industries.
Financial products• Debt Segment• Equity Segment• Targeted Business Segments