Page 3 - International Finance Corporation

Will invest $2-3 billion a year in India, says IFC country head Zhang

Jun Zhang speaks to Business Standard on how IFC views India's growth story. He says the institution will invest $2-3 billion in the country every year in the next few years

IFC set to invest $30 million in Indian School Finance Company

IFC is likely to provide regional and global lessons in the education financing sector

International Finance Corp to invest $165 mn in Bajaj Finance, Dodla Dairy

IFC will make a $150 mn debt investment in Bajaj Finance Limit and the Dodla Dairy investment is estimated at $15 mn

IFC investments in India up by 136% to over $2.6 billion in FY 2018

India is IFC's largest country with an investment portfolio of $6.1 billion, which is 11% of the global committed portfolio

IFC plans to invest around $20 mn in Suryoday Small Finance Bank

World Bank's investment arm said that the proposed investment would demonstrate IFC's continued support to its financial inclusion partners

IFC to invest $23 mn in Hyderabad-based breeding firm Srinivasa Farms

The company will use the funds as part of its $83-million investment plan to expand and thereby create over 5,000 jobs directly, besides potentially twice as many along with the value chain

IFC invests $15 million in CleanMax Solar

This investment by IFC is in conjunction with the $100m investment made by Warburg Pincus

IFC to invest $40 mn in Aavas Financiers

International Finance Corporation (IFC) is planning to invest around $40 million in Aavas Financiers Limited (AFL), formerly known as Au Housing Finance LimitedIFC proposes to invest upto $40 million in AFL through Non-Convertible Debentures (NCD), said the World Bank's investment arm.The proceeds of proposed IFC's financing will be utilised by AFL for supporting affordable housing finance for purchase / construction & extension of house to individual under low and medium income group in Rajasthan and nearby 5 states. AFL's customers include dairy farmers, carpenters, garment traders, artisans, etc. Currently, almost 65 per cent of AFL's customers are self-employed. Established in 2011, AFL was incorporated as a wholly owned subsidiary of Au Financiers Ltd. (Au), currently known as Au Small Finance Bank Limited. As part of its Small Finance Bank transformation process, Au sold its substantial stake in AFL. The company's current shareholders include Kedaara Capital, Partners Group,

IFC to invest $38 million in 3 housing finance companies

Three firms include Aspire Home, Micro Housing and Aptus Value Housing