IFCI

IFCI Limited is a Government of India financial institution whose main business involves providing financial assistance to corporates across diverse sectors like infrastructure, manufacturing, and services. Its strategy includes acting as a preferred Project Management Advisor for the government's Production Linked Incentive (PLI) schemes, creating a new source of revenue and visibility. A key part of its recent success was achieved through an aggressive recovery of Non-Performing Assets (NPAs) and expanding its portfolio of advisory services. The company also focuses on cautious treasury operations, investing surplus funds in safe instruments like Government Securities and Fixed Deposits to maximize returns with minimal risk. Through its subsidiary StockHolding Corporation of India, it contributes to the digital economy by managing e-stamping services across 24 states, saving governments significant costs. This focused strategy helped the company recover ?940 crore from non-performing assets and security receipts during the financial year 2023-24.;