You are here: Home » Economy & Policy » News
UP's new tourism policy likely to attract Rs 10K-crore investments
Maharashtra set to produce record sugar levels in new crop season
Business Standard

IFC MD Diop meets FM Sitharaman, discusses lending opportunities in India

She reiterated India's expectation of a rise in IFC's lending to India to $2-2.5 billion in the next 1-2 years and $3-3.5 billion in next 3-4 years, the finance ministry said in a series of tweets

Topics
Nirmala Sitharaman | International Finance Corporation | lending

Press Trust of India  |  New Delhi 



Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman

Finance Minister on Monday met (IFC) Managing Director Makhtar Diop and discussed increasing opportunities in .

IFC is the private sector funding arm of the World Bank.

She reiterated India's expectation of a rise in IFC's to to USD 2-2.5 billion in the next 1-2 years and USD 3-3.5 billion in next 3-4 years, the finance ministry said in a series of tweets.

"Mr @Diop_IFC shared the sentiment of IFC's expansion into & stated that IFC would adopt a proactive approach to enhance #investment in India and extend financing to MSMEs to enable capacity building to supplement India's effort to become a manufacturing hub," another tweet said.

He further emphasised the potential of looking into sub-national financing for sustainable growth, and mobilise financing for women entrepreneurs.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, September 19 2022. 23:14 IST

RECOMMENDED FOR YOU

.