The company has a target of disbursements at Rs 700 crore for FY18 and that of sanctions at Rs 1300 crore, Satpal Arora, MD, Tourism Finance Corporation of India.

IFCI to sell 26.09% stake in TFCI

IFCI will sell its entire 26 percent stake in Transport Finance Corporation of India Ltd (TFCI). In an interview to CNBC-TV18, BN Nayak, CFO & ED of IFCI shared his readings and outlook on the same.

Expect FY18 to be a good year for hospitality: TFCI

In an interview to CNBC-TV18, Satpal Arora, MD of TFCI spoke about the latest happenings in the company.

TFC has made provisions for Rs 20 crore: MD

Speaking to CNBC-TV18 Satpal Arora, MD of Tourism Finance Corp said they have made provisions for Rs 20 crore.

Jhunjhunwala-partnered fund buys stake in TFCI: What's buzzing?

In an interview with CNBC-TV18, Satpal Arora, MD of Tourism Finance Corporation of India (TFCI), talked about the state of business and the outlook ahead.

Have disbursement target of Rs 600 cr for this year: TFCI

The company has 7 sub-standard accounts, which have a total value of Rs 139 crore, says Satpal Arora, MD of TFCI.

50% of NPAs will reverse in the first quarter of FY17: TFCI

The company's gross NPA stands at 10 percent and net NPA at 8 percent, says Satpal Arora, MD, Tourism Finance Corporation of India (TFCI).

To maintain net interest margin at 3% in coming quarters: TFCI

Speaking to CNBC-TV18, SK Sangar, Managing Director of the company said that gross non-performing loans (NPLs) have been flat in the quarter gone-by with no slippages or retsructured accounts.

Expect Rs 800cr sales growth, over 3% NIM in FY16: TFCI

Speaking to CNBC-TV18, S K Sangar, Managing Director, TFCI says the company expects to get sanctions worth Rs 125 crore and disbursements over 70 crore in the first quarter.

Eyeing takeover assets looking for refinance: Tourism Fin

The company is targeting FY16 sanctions at around 25 percent and disbursement at 40 percent, said SK Sangar, MD, Tourism Finance Corporation.

IFCI has merely cut 2% stake in co: Tourism Finance

SK Sangar, managing director, Tourism Finance Corporation of India says the company has disbursed loans worth Rs 237 crore in H1FY15 .