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IFC proposes $400 million loan to HDFC

Finance

23 December, 2022

IFC proposes $400 million loan to HDFC

World Bank's investment arm, International Finance Corporation (IFC) has proposed to make a $400 million (around Rs 3,400 crore) loan ......

World Bank raises FY23 growth forecast for India

Finance

06 December, 2022

World Bank raises FY23 growth forecast for India

The Indian economy has demonstrated resilience despite a challenging external environment and is set to grow at 6.9% in 2022-23, ......

Warburg, IFC infuse additional funds in Avanse Financial

Finance

21 September, 2022

Warburg, IFC infuse additional funds in Avanse Financial

Avanse Financial Services Ltd, an education-focused non-banking financial company (NBFC), has raised Rs 390 crore ($48.7 million) from its existing ......

IFC may invest in Lighthouse's latest India-focused PE vehicle

Consumer

01 September, 2022

IFC may invest in Lighthouse's latest India-focused PE vehicle

International Finance Corpo. (IFC), the private investment arm of the World Bank, has proposed to make equity investments of up ......

IFC proposes a $20 mn investment in Vertex Ventures' India-SEA fund

General

19 August, 2022

IFC proposes a $20 mn investment in Vertex Ventures' India-SEA fund

International Finance Corporation (IFC), the private investment arm of World Bank, has proposed a $20 million investment in Vertex Ventures’ ......

IFC to invest $450 mn in two Indian NBFCs

Finance

30 May, 2022

IFC to invest $450 mn in two Indian NBFCs

International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed to make debt investments of up ......

World bank cuts India, South Asia growth forecast on Ukraine crisis

Economy

13 April, 2022

World bank cuts India, South Asia growth forecast on Ukraine crisis

The World Bank cut its economic growth forecast for India and the whole South Asian region on Wednesday, citing worsening ......

IFC to invest in Chiratae, CDC backed trade financing firm Vayana

Finance

03 January, 2022

IFC to invest in Chiratae, CDC backed trade financing firm Vayana

World Bank’s International Finance Corporation (IFC) said it is mulling investment of $8 million (Rs 59.4 crore)  in supply chain financing ......

IFC to invest $50 mn in Mumbai-based API maker

Healthcare

17 November, 2021

IFC to invest $50 mn in Mumbai-based API maker

World Bank’s International Finance Corporation (IFC) has proposed to make an equity investment of $50 million (Rs 371 crore) in ......

IFC appoints insider Wendy Werner as country head for India

Finance

05 October, 2021

IFC appoints insider Wendy Werner as country head for India

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has appointed Wendy Werner as the new country head for ......