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IFCI informs about company updates

17 Oct 2016 Evaluate

IFCI has informed that the Company has reduced its Short term Benchmark Rate (IBR-ST) from 9.30% p.a. to 8.50% p.a. with monthly rests for lending for tenure up to 3 months only with effect from October 17, 2016.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Power Finance Corpn. 317.50
REC 284.10
NHIT 168.00
Satin Creditcare Net 242.30
IFCI 57.51
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