IFCI Ltd. was set up in 1948 as Industrial Finance Corporation of India, a Statutory Corporation, through `The Industrial Finance Corporation of India Act, 1948’ of Parliament to provide medium and long term finance to industry. After repeal of this Act in 1993, IFCI became a Public Limited Company registered under the Companies Act, 1956. IFCI became a Government controlled company subsequent to enhancement of equity shareholding to 55.53% by Government of India on December 21, 2012. In April, 2015, Government of India has acquired six crore Preference Shares of IFCI Ltd. of Rs.10/- each from six public sector banks.With this, the shareholding of the Government of India in paid-up share capital of IFCI has been increased to 51.04% and IFCI has become a Government Company under Section 2(45) of the Companies Act, 2013. IFCI is also a Systemically Important Non-Deposit taking Non-Banking Finance Company (NBFC-ND-SI), registered with the Reserve Bank of India.
Its main products are
A. Term Loans
B. Corporate Loans
C. Short Term Loans (up to 1 year)
D. Loan against Shares
E. Loans to NBFC's
Company Details
- Employees
- 413
- Founded
- -
- Address
- 61, Ifci Tower, Nehru Place,india
- Phone
- 91 11 4179 2800
- he****@****ltd.com
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- ifciltd.com
- HQ
- NEW DELHI, DELHI
Ifci Limited Questions
Ifci Limited's helpline number is 91 11 4179 2800
Ifci Limited's website is ifciltd.com
Ifci Limited's LinkedIn profile is https://in.linkedin.com/company/ifci
Ifci Limited has
413 employees.
View email and phone details for 413
employees at Ifci Limited.
Ifci Limited's industry is
Financial Services
Ifci Limited's top competitors are
Ifci Ltd,
Stockholding Corporation Of India Limited,
Ifci Venture Capital Funds Ltd.,
Ifci Venture Capital Funds Ltd.,
Rec Limited,
Ecoo Global Advisors,
Mpcon Limited,
India Infrastructure Finance Company Limited (Iifcl),
Ptc India Financial Services Limited,
Iifcl Projects Ltd.
Ifci Limited's support email address is helpdesk@ifciltd.com
Ifci Limited's categories are Financial Services
Ifci Limited's founding year is 1948
