Yes Bank secures over $100-million from US to fund women-run units, SMEs
Opic acting president Dev Jagadesan said the tie-up is aimed at fostering economic growth in India by alleviating the financial challenges faced by SMEs.
Jul 14, 2017, 19:09 PM IST
Probe finds IFC investment in Tata Power project breaching norms
World Bank's probe body CAO has raised concerns over IFC's insufficient action to address environmental norms violation by Tata Power arm Coastal Gujarat Power Ltd.
Mar 21, 2017, 12:03 PM 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
Govt to develop 25 regional airports, says Jaitley
To improve air connectivity, Union Minister Arun Jaitley today said the government plans to develop 25 regional airports.
Apr 05, 2016, 12:51 PM IST
Arun Jaitley calls for reforms in World Bank at global meet
Finance Minister Arun Jaitley has made a strong case for raising shareholding of developing nations including India in the World Bank Group to reflect their share in the global economy and demanded a significant hike in the capital to meet growing financing needs.
Oct 11, 2015, 20:31 PM IST
HDFC Bank says not interested to enter Ahmedabad IFC
Even as its peers make a beeline to open shop at the GIFT City, the country's second-largest lender HDFC Bank has said it is not keen to have a presence in the country's first international finance centre in Ahmedabad.
Aug 23, 2015, 17:54 PM IST
Competition Commission set for sweeping powers under IFC
The Competition Commission might wield sweeping authority during formulation of financial market norms, including powers to issue binding directions, if certain provisions in the Indian Financial Code become a reality.
Aug 02, 2015, 15:25 PM IST
Clipping RBI chief's veto not an FSLRC proposal: Member
In a new twist, an FSLRC member has said the draft bill seeking to clip RBI chief's veto in deciding interest rates does not reflect the views of the panel and it actually favoured Governor having the last word.
Aug 02, 2015, 13:05 PM IST
Govt proposes to dilute RBI chief's power; can't veto on policy rate
In a move that may dilute powers of RBI chief, the government Thursday proposed taking away his authority to veto the interest rate decision of the central bank's monetary policy committee.
Jul 23, 2015, 21:38 PM IST
IFFCO, Rabo Equity, IFC may sell stake in NCML for Rs 1,000 cr
IFFCO, Rabo Equity and IFC are planning to sell their combined stake of nearly 70 per cent in agri-logistics firm NCML for an estimated Rs 1,000 crore.
Jun 26, 2015, 23:27 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
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
Payment bank: Mahindra Finance in talks with IFC for JV
Tech Mahindra on Wednesday said its sister company Mahindra Finance will become equal shareholder if the Reserve Bank clears its payment bank licence, and the company is also in talks with the World Bank Group member IFC for a partnership in the foray.
Feb 11, 2015, 19:17 PM IST
IFC in talks with India to sell $2 billion in offshore rupee bonds
The International Finance Corp (IFC), the World Bank`s private sector arm, is in talks with Indian regulators on selling another USD 2 billion in rupee-denominated bonds overseas, signalling strong foreign interest in gaining exposure to the country.
Sep 23, 2014, 20:34 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
