Business Standard

IFCI revises short term benchmark rate

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Capital Market

From 8.50% to 8.60% for tenure upto 3 months

IFCI has changed its Short term Benchmark Rate (IBR-ST) from 8.50% p.a. to 8.60% p.a. with monthly rests for lending for tenure upto 3 months only w.e.f. 22 December 2016.

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First Published: Dec 21 2016 | 6:56 PM IST

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