IFCI hikes benchmark rate to 10.40%
With effect from 12 June 2018
IFCI has revised its Benchmark Rate "IFCI Benchmark rate (IBR)" from 10.20% p.a. to 10.40% p.a. The revision is effective from 12 June 2018.The IFCI Short-Term Benchmark Rate (IBR-ST) for Short Term Loans continues to remain unchanged at 9.00% p.a. with monthly rests.
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First Published: Jun 12 2018 | 11:44 AM IST