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IFCI informs about revision in benchmark rate

09 Jan 2019 Evaluate

IFCI has informed about revision in its Benchmark Rates. IFCI Benchmark Rate (IBR) for Long Term Loans has been revised from 10.60% per annum to 10.75% per annum, with monthly rests. The IFCI Short-Term Benchmark Rate (IBR-ST) for Short Term Loans continues to remain unchanged at 9.20% per annum with monthly rests. The revision in the above mentioned Benchmark rates are effective with effect from January 9, 2019.

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

Peers
Company Name CMP
Power Finance Corpn. 346.70
REC 312.00
NHIT 171.00
Satin Creditcare Net 224.95
IFCI 79.41
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