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FCI LOANS
FCI to borrow Rs 50,000 cr to meet short-term fund needsThe Food Corporation of India (FCI) is set to borrow Rs 50,000 crore to meet its short-term fund requirements. The government-owned corpora...02 Jan, 2024, 11.30 PM IST- FCI borrowings surge sharply sans subsidySubsidies released to the FCI have been steadily declining.28 Feb, 2020, 03.23 PM IST
- Budget proposes restructuring of Food Corporation of India capitalFCI is the government's nodal agency for procurement and distribution of foodgrains. The move will help FCI to improve its liquidity situat...01 Feb, 2018, 05.21 PM IST
- Govt approves Rs 45,000 crore loan to FCIThe Union Cabinet approved one-time loan of Rs 45,000 crore from National Small Savings Fund to FCI to meet its food subsidy requirements.18 Jan, 2017, 09.01 PM IST
- Food Corporation of India to raise Rs 20,000 crore short-term loanThe Corporation is raising the loan because its subsidy arrears have touched Rs 58,650 crore, as on March 31, a source said.23 Jun, 2016, 04.59 PM IST
- FCI to raise Rs 20,000 crore short-term loanState-run Food Corporation of India (FCI) has invited bids from the scheduled banks for raising short-term loan of Rs 20,000 crore to meet ...23 Jun, 2016, 04.53 PM IST
- FCI to raise Rs 20,000-crore short-term loanState-run Food Corporation of India (FCI) has invited bids from the scheduled banks for raising short-term loan of Rs 20,000 crore for one ...14 Apr, 2016, 02.07 PM IST
- FCI raises Rs 30,000 crore as short-term loan for capital needsMaximum amount of Rs 10,000 crore has been raised from PNB, followed by Rs 7,000 crore from SBI and remaining from others including public ...27 Dec, 2015, 03.27 PM IST
- Food Corporation of India to raise short-term loan of Rs 30,000 croreAccording to sources, subsidy arrears at the start of the current fiscal stood at above Rs 50,000 crore and are estimated to cross Rs 60,00...09 Nov, 2015, 06.07 PM IST
- Food Corporation of India gets Rs 13,000 crore as food subsidy from governmentTo ensure smooth procurement and distribution of grains, the government has released Rs 13,000 crore as food subsidy to state-owned FCI.02 Aug, 2015, 11.18 AM IST
- Food Corporation of India moots proposal to raise Rs 40,000 cr via bonds from LICThe 10-year bonds will be redeemed at 10% per annum. It will be raised at government security interest rate plus 30-40 basis points, which ...21 Jun, 2015, 01.39 PM IST
- Food Corporation of India invites bids to raise Rs 20,000 crore short-term loanFCI, the nodal agency for procurement and distribution of foodgrains, plans to raise Rs 20,000 crore short-term loans for working capital a...07 Dec, 2014, 12.22 PM IST
- Food Corporation of India raises short-term loan of Rs 20,000 croreSources said the Corporation has no other option but to raise short-term funds for its procurement and distribution operations.28 Jul, 2014, 03.50 PM IST
- Food Corporation of India invites bids for short-term loan of Rs 20,000 croreIn the tender, which closes on July 24, the minimum quote has been fixed at Rs 250 crore and tranche size at Rs 20,000 crore.17 Jul, 2014, 04.23 PM IST
- Food Corporation India invites bids for short term loan of Rs 20K croreFCI had food subsidy dues of around Rs 50,000 crore at the end of financial year 13-14. It has written to the government about its financia...25 Apr, 2014, 04.23 PM IST
- Govt approves Rs 5,000 cr working capital loan for FCIFCI, the nodal agency for procurement and distribution of foodgrains, will repay the loan in the next fiscal, it said.29 Mar, 2011, 01.43 PM IST
- FM may allow RRBs to offer food creditThe finance ministry may allow regional rural banks (RRBs) to join their sponsor banks in financing food procurement exercise by Food Corpo...22 Feb, 2010, 02.10 PM IST
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