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IFCI Eyes Lower Funding Cost After Government Stake Hike

PUBLISHED ON: December 31, 2014 | Duration: 6 min, 41 sec

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Malay Mukherjee, CEO & MD of IFCI, told NDTV that after the government increases its stake in IFCI to 51% by buying preference shares, the ratings of the company would improve and it would be able to raise funds at a lower costs.
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