Government Approves ₹500 Crore Capital Infusion into IFCI for FY 2024-25:
The Government of India has approved a ₹500 crore capital infusion into the Industrial Finance Corporation of India (IFCI) for FY 2024-25. This infusion, part of the supplementary demand for grants, aims to strengthen IFCI’s financial position.This strategic move aims to bolster IFCI’s financial health ahead of its planned restructuring and consolidation.
