International Finance Corporation

HDFC buys 15% stake in Tanzania's First Housing Finance Co

HDFC buys 15% stake in Tanzania's First Housing Finance Co

As part of greenfield expansion outside India, country's largest mortgage lender HDFC Ltd has acquired a 15 per cent stake in Tanzania's First Housing Finance for USD 1.5 million.

Jun 01, 2017, 20:20 PM IST
'India to see $35-40 billion worth impact investments by 2025'

'India to see $35-40 billion worth impact investments by 2025'

Based in New York, the Global Impact Investing Network (GIIN) is a not-for-profit group that works to promote impact investments and has around 230 members.

Apr 30, 2017, 16:53 PM IST
ADB, IFC in talks with IDBI Bank for Rs 3,771-cr QIP

ADB, IFC in talks with IDBI Bank for Rs 3,771-cr QIP

Global lenders, Asian Development Bank and International Finance Corporation, as well as other investors are in talks for state-owned IDBI Bank's Rs 3,771- crore stake sale via qualified institutional placement route.

Jul 01, 2016, 16:51 PM IST
'Companies working with World Bank in Africa use tax havens'

'Companies working with World Bank in Africa use tax havens'

The vast majority of companies that received money from the World Bank's private lending arm last year to finance investment in Africa's poorest region use tax havens, a campaign group has said.

Apr 12, 2016, 22:37 PM IST
Masala bonds can be new funding source for Indian companies: IFC

Masala bonds can be new funding source for Indian companies: IFC

Bullish on India's growth prospects, International Finance Corporation (IFC) has said offshore rupee bonds can provide a new source of funding for Indian companies and they stand to benefit in the longer term from comparative pricing landscape.

Apr 10, 2016, 11:22 AM IST

PNB Housing raises Rs 500 cr for green residential projects

PNB Housing Finance has raised Rs 500 crore by issuing bonds to World Bank arm IFC for funding its green residential projects.

Apr 06, 2016, 15:45 PM IST

Yes Bank raises Rs 315 crore from Green Infra Bonds

This is the first investment of IFC in emerging markets green bond issue in the world, Yes Bank said in a statement.

Aug 05, 2015, 15:23 PM IST

China offers $50 bn for hydroelectric projects in Pakistan

China's state-run power company, Three Gorges Corporation (CTG), is keen to participate in a financing consortium to fund up to USD 50 billion of hydroelectric power projects in Pakistan, a media report said.

Jul 03, 2015, 15:36 PM IST

IFC invests $35 million in PFS' non-convertible debentures

IFC, a World Bank group member, Wednesday said it has invested USD 35 million in the 10-year non-convertible debentures of PTC India Financial Services(PFS).

Jun 17, 2015, 16:21 PM IST

Gujarat Pipavav to fund expansion via internal accruals

The company had accordingly informed IFC and has now received its confirmation for cancellation of loan.

May 08, 2015, 17:24 PM IST

World Bank arm to partner IREDA for energy projects

The International Finance Corporation (IFC), the private financing arm of the World Bank, has said it would partner the Indian Renewable Energy Development Agency (IREDA) to provide infrastructure financing for energy projects in India.

Apr 30, 2015, 15:07 PM IST

IFC launches $2.5 billion rupee-denominated bonds for infra projects in India

The World Bank`s private-sector financing arm on Wednesday launched USD 2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising USD 1 billion in offshore bonds for the sector last year.

Aug 20, 2014, 17:40 PM IST

World Bank Group commits $18 bn loan to India in 3 years

The World Bank Group on Wednesday committed USD 15-18 billion loan to India over the next three years as it supports the country's potential 9 percent growth rate.

Jul 23, 2014, 20:47 PM IST

NCDs turns preferred route for IFC in debt financing for NBFCs

Non Convertible Debentures (NCDs) have recently become the preferred route of investment for multilateral agency International Finance Corporation (IFC) in debt for NBFCs.

Jun 28, 2014, 15:13 PM IST

Rio Tinto set to finalise $20 bn Guinea iron ore project

Global mining giant Rio Tinto says it is set to finalise a USD 20 billion deal to develop the world`s biggest untapped iron-ore deposit in Guinea

May 19, 2014, 14:00 PM IST

Ratnakar Bank raises $55 million from foreign investors

Ratnakar Bank raised Rs 3.28 billion from a group of investors including UK`s CDC Group Plc and Asia Capital and Advisors by selling an undisclosed minority stake, the regional lender said on Thursday.

Apr 10, 2014, 16:33 PM IST

IFC doubles global rupee bond plan on strong investor demand

International Finance Corporation (IFC) has doubled its already launched Rs 1,000-crore three- year global rupee bond programme to promote capital markets and encourage foreign investment in India.

Jan 17, 2014, 23:52 PM IST

Yes Bank raises $150 million loan from IFC

Private sector lender Yes Bank Monday said it has raised a seven-year loan of USD 150 million from World Bank group member IFC for onlending to small businesses.

Dec 23, 2013, 19:22 PM IST

Equifax partners with IFC for MFU credit score

Credit information company Equifax India Monday said it has partnered with International Finance Corporation (IFC), a World Bank group member, to offer micro-finance risk scores.

Dec 09, 2013, 17:46 PM IST

Delhi tops chart to start a biz in India: WB study

It is easiest to start a business in New Delhi within India, while Hyderabad is the fastest for closing an enterprise, says a World Bank study.

Oct 30, 2013, 15:29 PM IST