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This is an archive article published on September 1, 2002

Package for IFCI, IDBI soon

The government would announce a similar bailout package for IFCI next week. According to finance minister, “a package similar to UTI wo...

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The government would announce a similar bailout package for IFCI next week. According to finance minister, “a package similar to UTI would be announced for IFCI next week.

Elaborating finance secretary S Narayan said that the IFCI package would also aim at a one time settlement like UTI. IDBI bailout package is expected later after the IFCI package.

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