TechnoclinicTechnoclinic
  • Home
  • APPS
  • CAMERAS
    • PRINTERS
  • GAMING
    • LAPTOPS
  • HDTV
  • NEWS
  • PHONES
    • TABLETS
  • REVIEWS
  • SOFTWARE
  • Contact Us!
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: IFCI Raises Lending Rate By 10 Basis Points To 8.6 Per Cent
Share
Sign In
Aa
TechnoclinicTechnoclinic
Aa
Search
  • Home
  • APPS
  • CAMERAS
    • PRINTERS
  • GAMING
    • LAPTOPS
  • HDTV
  • NEWS
  • PHONES
    • TABLETS
  • REVIEWS
  • SOFTWARE
  • Contact Us!
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Technoclinic > NEWS > IFCI Raises Lending Rate By 10 Basis Points To 8.6 Per Cent
NEWS

IFCI Raises Lending Rate By 10 Basis Points To 8.6 Per Cent

srijita
Last updated: 2016/12/25 at 4:08 PM
srijita
Share
SHARE

IFCI Raises Lending Rate By 10 Basis Points To 8.6 Per Cent

New Delhi: Term finance lender IFCI today said it has raised benchmark lending rate by 0.1 percentage point (10 bps) to 8.6 per cent.

The company has changed its its short-term benchmark rate (IBR-ST) from 8.50 per cent to 8.60 per cent with monthly rests for lending for tenure up to three months only, IFCI said in a statement.

The new rate would be effective from today, it said. Earlier this month, RBI kept its repo rate or the rate at
which it lends to banks for short term unchanged at 6.25 per cent.
[“source-ndtv”]

TAGGED: 10, 8.6, Basis, by, IFCI, Lending, Percent, Points, Raises, Rate:, to

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
srijita December 25, 2016
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article For Banks, Note Ban Could Bring Rs. 38,000 Crore In Treasury Windfall
Next Article Mahindra To Increase Prices In India By Up To ₹ 26,500 From January 2017

Latest News

Explore the role of AI in the gaming industry in The Future of Gaming
GAMING
Android provides West Midlands Police with secure AI innovation
Uncategorized
Take a Message combines the best of Call Screen and Call Notes on Pixel
PHONES
TCL Grand Diwali Dhamaka: QD Mini LED TV deals and rewards
PHONES
Uncle Sam, Intel’s New Shareholder: A Radical Bet on America’s Future
REVIEWS
Mobile Phones: A Culture of Convenience
PHONES

Most Viewed Posts

  • Choosing the Right Tablet for Blogging and Writing On the Go (2,572)
  • What You Need to Know About Smartphones vs. Tablet use of the Mobile Internet (2,558)
  • How to Start a Product Review Blog (Templates & Examples) (2,510)
  • Bengaluru Lady Turns Blinkit Conveyance Specialist For A Day And Her Choice Prompted Significant Changes In Application (2,466)
  • How To Start A Review Blog and Get Free Review Products (2,425)

© 2023 TechnoClinic Network. TechnoClinic Company. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?