With effect from 15 January 2017
IFCI has reduced its Benchmark Rate 'IFCI Benchmark Rate (IBR)' from 11.50% p.a. to 10.75% p.a. with monthly rests. This new IBR will be applicable from 15 January 2017.IFCI has change its Short Term Benchmark Rate (IBR-ST) from 8.60%p.a. to 8.35% p.a. with monthly rests for lending for tenure up to 3 months only with effect from 15 January 2017.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
