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Author:  admin Created On:  7/7/2009 6:45 PM
IFCI BLOG ENTRY

Posted By admin 11/3/2009 3:05 PM

Address by Mr Atul Kumar Rai, CEO & MD, IFCI Ltd at the Hindustan Times Leadersip Summit held onOctober 30-31, 2009 at Taj Palaca Hotel, New Delhi


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Posted By admin 8/20/2009 2:49 PM

“Deepening of the Capital Markets and Financial Inclusion” Address delivered by Shri Atul Kumar Rai at a Conference organized by ICRIER on August 20,2009.


Dr. Nitish Sengupta, Mr. Shrawan Nigam, Mr. Paul Joseph, Dr. L.C. Gupta, Mr. C.S. Mohapatra and Distinguished Audience

It is a unique privilege for me to be here today, though at the same time it is with some trepidation that I approach the task before me with two of my seniors being present here on the dais today whom I know to be very discerning if not demanding not only of others but even of their own selves to let pass lightly what may not come up to their standards.

To begin with one may admit that the first issue in exploring the subject of the deepening of the securities markets and financial inclusion that stares one in the face in the immediate context of the economic crisis plaguing at least the developed world is whether the relationship between markets and financ ...

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Posted By admin 7/7/2009 6:47 PM

 IFCI celebrates sixty one years of its nation building endeavour today. On an occasion such as this, it is difficult to proceed without paying a tribute to what we owe to our legacy. From the perspective of ownership, IFCI was a strange entity even when it was born. Although, promoted by the Government through a legislation to step up investment in manufacturing and industrial projects, IFCI was never directly owned by the Government. Even the repeal of IFCI Act only expanded the ownership of IFCI to a wider base covering not only institutions, but also the general public. Today, nearly half of IFCI’s holding is with about a million shareholders. In the present day context, the ownership model of IFCI retains relevance as it combines the values of public welfare with that of private ownership. This is a legacy which we continue to be justifiably proud of. It ...
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