ROLE OF INDUSTRIAL FINANCIAL CORPORATION OF INDIA (IFCI)

Dr.S. Thirumaran

Abstract


After the Second World War, there was a great need for the expansion of industries in India. Again with the introduction of planned industrial development, the industrial finance became inadequate to meet the requirements of industrial development of the country. Thus in July 1, 1948 the Industrial Finance Corporation of India (IFCI) was established by the Government under a special Act.


Keywords


Finance Institutions – Industrial Finance – IFC – IDBI.

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References


Agarwala N., Indian Economics (2002), Wiley Eastern Limited, New Delhi.

Nurkse Ragnar: Problem of Capital Formation in Underdeveloped Countries, OUP., London, 1962

Operational Statistics, IDBI, Publications Mumbai, Various issues.

RBI Bulletin, RBI Publications Mumbai, Various Issues.

Report on Development Banking, IDBI Publications Mumbai, Various Issues.


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