ICFCI stands for Industrial Credit and Investment Corporation of India. It is a financial institution based in India that provides a range of financial services to various businesses and industries. ICFCI is primarily involved in providing long-term loans, term loans, working capital finance, and project finance to companies operating in different sectors of the Indian economy.
As a non-banking financial company (NBFC), ICFCI specializes in offering financial assistance and support to businesses for their growth and expansion requirements. The institution plays a significant role in the country's economic development by facilitating funds for capital investment, infrastructure development, and corporate restructuring.
ICFCI also offers advisory services to businesses for their mergers and acquisitions, debt restructuring, valuation, and project implementation. It acts as a strategic partner for companies by understanding their financial needs and providing customized financial solutions.
The institution holds expertise in credit appraisal, risk assessment, and loan syndication, ensuring the optimum utilization of funds and minimizing financial risks. ICFCI maintains a diverse portfolio comprising companies from various sectors such as manufacturing, services, infrastructure, and real estate.
Overall, ICFCI serves as an essential financial intermediary in the Indian economy, aiding businesses in achieving their growth targets, generating employment opportunities, and contributing to the overall economic progress of the country.
