70.22 0.91(1.31%)
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This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
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Tourism Finance Corporation of India Limited (TFCI) was incorporated on January 27, 1989 as a public Limited Company. The Company became operational with effect from February 1, 1989 on receipt of certificate of the commencement of business from the Registrar of Companies. It was promoted by IFCI Ltd along with other All-India Financial/ Investment Institutions and Nationalised Banks. TFCI has been set-up as an All-India Financial Institution, pursuant to the recommendations of 'National Committee on Tourism' set-up under the aegis of Planning Commission in 1988. TFCI is a premier public financial institution established in 1989, presently regulated by RBI as NBFC-ML-ICC, focused on providing finance to the tourism, real estate, manufacturing, social infrastructure- educational institutions, hospitals, renewable (solar & wind) energy, logistics, etc. sectors in India. Besides, TFCI provides finance to non-banking and housing finance companies for secured onward lending. TFCI also provides loans to corporates and HNIs against the security of listed category-I shares.The forms of financial assistance include rupee loan, underwriting of public issues of shares/debentures and direct subscription to such securities, guarantee of deferred payments and credit raised abroad, equi...