Tourism Finance Corp. of India Ltd. engages in the business of financing tourism related projects. It provides financial assistance to enterprises for setting up and developing tourism-related projects, facilities, and services. The company was founded on January 27, 1989 and is headquartered in New Delhi, India.
Tourism Finance Corporation of India Ltd. (TFCI) operates as a specialized financial institution and non-banking finance company in the middle layer of the finance sector. The company provides financial assistance to various sectors including tourism/hospitality, social/urban infra - education, healthcare, real estate, manufacturing, logistics, and for lending to other NBFCs/HFCs/MFIs. TFCI has been established to support the growth of tourism infrastructure in India by offering dedicated lines of credit on a long-term basis to tourism-related projects in the country.
TFCI has funded numerous prestigious projects in the tourism sector, including heritage and 5-star hotels like Manjeera Sarovar Premiere, Ananda in the Himalayas, Umaid Bhavan Palace, and Hotel Clarks Shiraz, among others. The company has also financed 4-star hotels and entertainment centers such as The Savera, Hyatt Place, Holiday Inn, and Shivalik View. These projects demonstrate TFCI's significant contributions to the development of the tourism industry in India through financial support and investment.
One notable case study of TFCI involves its involvement in funding renowned hospitality projects like heritage hotels, 5-star hotels, and entertainment centers across India. By providing financial support to these projects, TFCI has played a crucial role in enhancing the country's tourism infrastructure and promoting sustainable tourism growth. The successful completion and operation of these funded projects reflect TFCI's expertise in catering to the specialized financial needs of the tourism sector.
Several key events in TFCI's recent history include the release of investor updates, financial disclosures, board meeting intimations, and possession notices for specific projects. The company has also conducted e-auctions, e-tender sales, and issued tender documents for various initiatives. Additionally, TFCI has actively engaged in corporate governance activities and has shared important information through annual reports, corporate governance reports, and policy updates. These events illustrate TFCI's proactive approach to governance, transparency, and stakeholder engagement.
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Tower 1, NBCC Plaza Pushp Vihar, Sector-V, Saket 4th Floor New Delhi Delhi 110017 India...
India
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Anoop Bali (Chief Financial Officer & Executive Director)
Parkash Chand (Non-Executive Non-Independent Director)
Anoop Bali (Managing Director, CFO & Director)
Sanjay Ahuja (Secretary, Vice President & Compliance Officer)
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Tourism Finance Corp. of India Ltd. engages in the business of financing tourism related projects. It provides financial assistance to enterprises for setting up and developing tourism-related projects, facilities, and services. The company was founded on January 27, 1989 and is headquartered in New Delhi, India.
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