DMPQ-The Board for Industrial and Financial Reconstruction (BIFR)

The Central Gov­ernment has set up a Board for Industrial and Fi­nancial Reconstruction (BIFR) with effect from 12 January 1987 in pursuance of enactment of the Sick Industrial Companies (Special Provision) Act, 1985. This is a major step for intervening at an early stage and detecting, preventing, as well as taking ameliorative, remedial and such … Read more

DMPQ- European Bank for Reconstruction and development.

It was set up after the fall of the Berlin wall to promote private and entrepreneurial initiative in emerging Europe.   HQ – London.    EBRD is owned by 66 countries and two EU institutions i.e EU & EIB.   US is the biggest shareholder.   Besides Europe, member countries of the EBRD are also from other continents – … Read more