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NSE Says Waiting for SEBI Nod for its IPO

NSE Says Waiting for SEBI Nod for its IPO
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

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Demat, Trading Accounts With Pending KYC Will be Deactivated from 31st July

Demat, Trading Accounts With Pending KYC Will be Deactivated from 31st July
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

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Govt evaluating options to sell two subsidiaries of IFCI in revival bid


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Government Plans To Sell Two IFCI Subsidiaries: Report


Government plans to sell two IFCI subsidiaries: Report
Established in 1948 as a statutory corporation, IFCI currently has subsidiaries and one associate under its fold.
(Image: Twitter @IFCI LTD)
The government is planning to sell subsidiaries of IFCI to infuse money into the non-banking lender. FCI has been riddled with soured assets. Its net non-performing assets-to-advances ratio was 42.7 percent as of March, against 31.8 percent a year ago, according to the lender s annual report.
The government is not keen on infusing funds into IFCI, and plans to unlock value created by its subsidiaries Stock Holding Corp­ora­tion of India and IFCI Infr­a­structure Development, Business Standard reported, citing a senior government official. ....

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