Question : BRANCHES OF IFCI



(a) whether the Industrial Finance Corporation of India (IFCI) proposes to open more branch offices at all the remaining State Capitals and other cities of the Country;

(b) if so, the details thereof:

(c) whether the IFCI is considering to upgrade its branch offices at Patna, Guwahati, Kochi, Bhubaneshwar and Pune as regional offices to facilitate and generate resources; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)

(a) & (b): No, Sir. At present IFCI has its corporate office in New Delhi and 11 Regional Offices at Mumbai, Kolkata, Chennai, Hyderabad, Chandigarh, Lucknow, Jaipur, Bhopal, Bangalore, Ahmedabad and New Delhi. In addition, IFCI has six other offices at Pune, Panaji, Kochi, Bhubneshwar, Patna and Guwahati. IFCI has no proposal at present to open any other office.

(c) & (d): No, Sir. IFCI does not propose to upgrade its Branch Offices at Patna, Guhwati, Kochi, Bhubneshwar and Pune as Regional Offices.