IFCI – Pioneering India’s Economic Development since Independence
IFCI Ltd., the first Development Finance Institution of the country, was set up in 1948 to provide impetus to industrial development through medium and long-term finance. It played a pioneering role in the economic development of India, when capital markets were relatively underdeveloped and incapable of meeting the long-term requirements of the economy adequately.
With Pan-India presence across 17 locations in India, IFCI has been in the business of undertaking techno-economic and financial viability studies for projects and extending financial assistance for the last six decades. In 60 years of its existence, IFCI has evaluated more than 4800 projects, with a well-diversified sector portfolio and extended cumulative financial assistance of over INR 400 billion.
Today besides providing long-term project-specific assistance, IFCI caters to the diverse needs of the Indian and Overseas Institutions by providing a host of Advisory and Consultancy Services in the areas of Project Appraisal, Risk Analysis, Credit Syndication, Placement Of Debt and Equity, Corporate Restructuring, Infrastructure Advisory and Legal Advisory.
Aside from its role in promoting industries and creating capacities, IFCI has also played a pivotal role in institution building. Through a host of subsidiaries and associate organizations, IFCI has emerged as a major player providing comprehensive financial solutions ranging from Project Finance, Merchant Banking, Insurance Broking, Venture Capital, Depository Services, Factoring Services, Asset Reconstruction and Securitization.
In addition to its core competence in long term lending to industrial and  infrastructure sectors, IFCI aims to  enhance its  organizational value  through better realization of its Non-performing  Assets (NPAs) and unlocking of  value  of its investment port-folio including unquoted investments  as well as  real estate assets.