IFC

Federal Bank board approves Rs 916 crore fund raise from IFC

Federal Bank board approves Rs 916 crore fund raise from IFC

Private sector Federal Bank on Wednesday said its board has approved issuing equity shares to World Bank arm International Finance Corpor...Read More

IFC plans to lend $50 mn for Rabobank India to expand lending programme

IFC plans to lend $50 mn for Rabobank India to expand lending programme

International Finance Corporation (IFC) part of the World Bank group plans to lend up to $50 million to Rabobank India, the Indian branch...Read More

IFC to invest $15M in South Asia Growth Fund II

IFC to invest $15M in South Asia Growth Fund II

International Finance Corporation (IFC) part of the World Bank Group plans to invest up to $15 million in South Asia Growth Fund II, L.P ...Read More

IFC to invest $40 mn in upGrad; promoters pare stake to 75%

IFC to invest $40 mn in upGrad; promoters pare stake to 75%

Online up-skilling platform upGrad has concluded another funding round of USD 40 million (about Rs 290 crore) from the World Bank arm IFC...Read More

IFC plans to invest $15 mn in Seabright IV L.P/Prime Venture Partners

IFC plans to invest $15 mn in Seabright IV L.P/Prime Venture Partners

The International Finance Corporation (IFC), part of the World Bank group is planning an equity investment up to $15 million in Seabright...Read More

IFC proposes to invest $100 million in Hero Fincorp's secured debt

IFC proposes to invest $100 million in Hero Fincorp's secured debt

International Finance Corporation (IFC) plans to invest $100 million in secured debt of Hero Fincorp Ltd belong to the Hero Group.Hero Fi...Read More

India urges IMF  to implement quota reforms

India urges IMF to implement quota reforms

New Delhi :  Stressing on the need to strengthen institutions like IMF to tackle financial crisis, Economic Affairs Secretary S C Garg ca...Read More

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RIL buys 65% stake in IFC for Rs 1,105 cr

New Delhi : Reliance Industries on Friday said it will acquire a 65 per cent stake in Indian Film Combine (IFC), which is building a driv...Read More

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RBI’s Gandhi slams bankers for neglecting SMEs

Mumbai :  Reprimanding lenders for neglecting small businesses, Reserve Bank Deputy Governor R Gandhi on Wednesday said banks can survive...Read More

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Sujoy Bose appointed CEO of National Invest Infra Fund

New Delhi: Senior IFC official Sujoy Bose was appointed CEO of India’s maiden Rs 40,000 crore sovereign wealth fund NIIF. He is Director ...Read More

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Lenskart raises Rs 400 cr from IFC, Ratan Tata

New Delhi: Online retailer Lenskart said it has raised Rs 400 crore funding from World Bank arm IFC, industrialist Ratan Tata and Infosys...Read More

Mehbooba expresses concern over slow pace of Jhelum dredging

Mehbooba expresses concern over slow pace of Jhelum dredging

Srinagar: Jammu and Kashmir Chief Minister Mehbooba Mufti has expressed concern over the slow pace of dredging works on Jhelum river post...Read More

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IFC launches innovative Masala Bond for India in Japan

Washington: IFC, a member of the World Bank Group, has launched its first Uridashi Masala Bond, mobilising Rs.300 million ($4.3 million) ...Read More

Poonam Mahajan eyeing  bigger role in city affairs

Poonam Mahajan eyeing bigger role in city affairs

Mumbai : BJP MP from Mumbai North Central Poonam Mahajan is planning to play a major role in the city’s affairs with building of the Inte...Read More

Financial legislative reforms hit a raw nerve

Financial legislative reforms hit a raw nerve

The Financial Sector Legislative Reforms Commission (FSLRC) completed its work, as scheduled, by March 2013 with Volume I the Main Report...Read More

Raghuram Rajan favours removing RBI Guv veto power on deciding rates

Raghuram Rajan favours removing RBI Guv veto power on deciding rates

Mumbai: Signaling truce with the government over who should decide interest rates, RBI Governor Raghuram Rajan today appeared to favour d...Read More

Is North Block pruning RBI’s powers?

Is North Block pruning RBI’s powers?

The RBI’s powers to conduct monetary policy will be severely curtailed if the recommendations of the revised draft of the Indian Financia...Read More

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IFC sells Masala Re Bonds; raises Rs 1,000 cr for Axis Bank

Mumbai: The World Bank Group’s development finance body IFC today raised Rs 1,000 crore through a 10-year bond, which will be invested in...Read More

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IFC ready to partner Religare in proposed banking foray

New Delhi: The International Finance Corporation (IFC), part of the World Bank Group, said on Thursday it is open to the idea of partneri...Read More

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