INDUSTRIAL FINANCE CORPORATION OF INDIA

IT's everything about INDUSTRIAL FINANCE CORPORATION OF INDIA.It's objective,function,organization,management and other activities

1. INDUSTRIAL FINANCE CORPORATION OF INDIA BY RUDRESH R

2. INTRODUCTION IFCI was set-up in 1948 under IFCI act IFCI was converted into a public limited company in the year 1993 Government holds 55.53% of shares in the company IFCI was the first development institution established after the independence 2

3. Primary objective is to provide medium and long – term financial assistance to the industries OBJECTIVE To finance particularly when ordinary banks accommodation does not suit the undertaking 3

4. To offer diversified services like broking, venture capital, financial advisory, depository services etc… OBJECTIVE To finance the undertaking when it fails to raise profitable funds through issue of shares of shares 4

5. ORAGANISATION AND MANAGEMENT Head office is located at New Delhi Established regional office in Mumbai, Kolkata, Chennai, Hyderabad etc …. Branch office in Bengaluru, Pune, Jaipur etc… IFCI is managed by a Board of Directors , headed by a Chairman The Chairman is appointed by Government of India 5

6. BOARD OF DIRECTORS 6 12 directors in the board 4 nominated by IDBI 3 are experts in particular field General manager of IDBI 8 directors

7. FUNCTIONS OF IFCI Granting loans and advances to industrial sector Underwriting the issue of shares, bonds etc . Guaranteeing deferred payments 7 Granting of loans both in rupees and foreign currencies Guaranteeing loans raised by the industrial concerns

8. 8 OTHER ACTIVITIES

9. 1. SOFT LOAN ASSISTANCE 9

10. 2. SUBSIDIZED CONSULTANCY 10

11. 3. ENTREPRENEUR DEVLOPMENT 11

12. 4. MANAGEMENT DEVLOPMENT 12

13. 5. INDUSTRIAL DEVLOPMENT 13

14. 5. INDUSTRIAL DEVLOPMENT 14

15. 6 . PREFERENCES IN ADVANCING LOAN 15

16. CONCLUSION 16

17. THANKS! Any questions ? 17

18. 18 A.T.M ASSOCIATION ®