IFCI reduces its benchmark lending rate

Capital Market

Last Updated : May 02 2014 | 11:55 PM IST

From 12.70% to 12.20%

IFCI has reduced its lending benchmark rate, IFCI Benchmark Rate (IBR) from 12.70% to 12.20% p.a. with monthly rests. This new IBR shall be applicable from 02 May 2014.

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First Published: May 02 2014 | 8:50 AM IST

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