IFCI introduces IFCI Benchmark Rate

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Capital Market
Last Updated : Jan 07 2014 | 11:55 PM IST

W.e.f. 07 January 2014

IFCI at its board meeting held on 06 January 2014, has introduced IFCI Benchmark Rate (IBR) with effect from 07 January 2014. The IBR is currently fixed at 12.70% p.a. with monthly rests. The IBR would be reviewed quarterly.

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First Published: Jan 07 2014 | 3:25 PM IST

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