Industrial Finance Corporation of India (IFCI) is likely to pump in Rs 1,000
crore to set up a base in the proposed global financial district in Bangalore.
The proposed facility to come up on 50 acre will comprise of dozen banks,
including global ones, besides insurance firms, financial institutions and stock
market operators.
The banks which are keen to set up base here include the State Bank of India,
Punjab National Bank and Bank of India.