what is industrial finance?
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IFCI, previously Industrial Finance Corporation of India, is a development finance institution under the jurisdiction of Ministry of Finance, Government of India. Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.
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Explanation:
The term industrial finance is used to describe the organization of various types of finance required by industry. And their activities related to the production of goods.
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