E-PaperInternational Finance Corporation News
IFC extends USD 4-bn loans to private companies to fight pandemic
IFC's pandemic response is focused on reaching the most vulnerable people in the developing worldIn 2019-20, IFC invested USD 22 billion in private companies and financial institutions in developing countries, to end extreme poverty and boost shared prosperity
2 min read30 Oct 2020The IFC’s worker shareholder failure
There are lessons to be learnt from the IFC's failure to successfully support the model with its investment in Assam and West Bengal tea plantations
4 min read30 Apr 2018IBC, GST provide a positive stimulus for private equity: Ralph Keitel of IFC
Ralph Keitel, regional lead for private equity funds in Asia and Pacific at IFC says the shakeout in the Indian PE space is not over, but the good GPs have built out their teams
10 min read13 Apr 2018PNB arm, IFC tie up to raise $800 mn for affordable housing
Apart from PNB Housing Finance, International Finance Corp. is in negotiations with two other housing finance firms to invest another $150 million
1 min read17 Feb 2018Lighthouse Funds gets $20 million IFC funding
IFC AMC is also considering a parallel investment of up to $25 million in Lighthouse Funds's third private equity fund to take its total commitment to $45 million
2 min read12 Dec 2017CleanMax Solar raises $15 million from World Bank’s IFC
Warburg Pincus-backed CleanMax Solar will deploy the funds raised from International Finance Corp. for adding capacity, says MD Kuldeep Jain
2 min read30 Nov 2017Portea raises $26 million in Series C round from Sabre Partners, others
With the latest funding, Portea will consolidate its position as a trusted port-of-call for every healthcare need outside of hospital care, says CEO Meena Ganesh
2 min read21 Nov 2017IFC aims to be a long-term partner to ventures it backs: Pravan Malhotra
Pravan Malhotra, International Finance Corp.'s venture capital lead for South-East Asia and Asia internet investment, on the start investment scene in the region
8 min read17 Nov 2017IFC invests $10 million in Power2SME to lift SME sector
IFC has invested $10 million as equity in Power2SME that helps small and medium companies buy raw materials at bulk prices
1 min read5 Sep 2017IFC to invest up to $6 billion on energy initiatives in India
The International Finance Corporation said it will invest up to $6 billion in the next five years on various sustainable and renewable energy programmes in India
1 min read18 Jul 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared