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'
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
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'
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
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
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
