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IFCI reduces its benchmark rate to 12% p.a.

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Capital Market
Last Updated : Jul 27 2015 | 8:47 PM IST

With effect from 27 July 2015

IFCI announced that the Company has reduced its Benchmark Rate, "IFCI Benchmark Rate (IBR)" from 12.20% to 12.00% p.a. with monthly rests. This new IBR shall be applicable from 27 July 2015.

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First Published: Jul 27 2015 | 7:19 PM IST

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