Business Standard

IFCI announces change in lending rate

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Capital Market

With effect from 17 October 2016

IFCI 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 upto 3 months only w.e.f. 17 October 2016.

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First Published: Oct 17 2016 | 1:23 PM IST

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