SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IFCI plans to trim its NPA by 2% in FY15

28 Oct 2014 Evaluate

IFCI is planning to trim its non-performing assets (NPA) by two percentage points in FY15. In this regard, the non-deposit taking NBFC recently executed an NPA sale deal worth Rs 200 crore with an asset reconstruction company.

By the end of the first quarter, IFCI’s net NPA dropped to around 10 per cent from 11.39 per cent on March 31, 2014. Meanwhile, the size of net advances as of June 30, 2014, stands at Rs 19,848 crore, up from Rs 13,946 crore a year ago.

IFCI was established with intent to provide long-term finance needs of the industrial sector. It founded and developed various institutions namely ICRA for credit assessment rating, Tourism Finance Corporation of India (TFCI) for promotion of the hospitality industry, among others.

IFCI Share Price

61.22 0.54 (0.89%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 464.85
REC 373.35
Indian Railway Fin. 104.85
NHIT 151.00
Satin Creditcare 174.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×