IFC

world bank sewa fundingThe International Finance Corporation (IFC), a member of the World Bank Group, has agreed to stand guarantor for loans worth 10 billion dollars to be sourced by Grassroots Trading Network, a part of SEWA Bank, from three nationalised banks. The objective is to expand the geographical outreach of SEWA Bank and strengthen its capacity. Read [...]
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Infrastructure Development Finance Company (IDFC) which has been accorded the status of infrastructure finance company (IFC). As per the current norms, IFCs can raise long-term funds up to 25% of their gross disbursements in FY10.They have planned to raise long term infrastructure bond. IDFC Long Term Infrastructure Bond >Interest Rate of 7.5% or 8.0% >They [...]

IDFC Infrastructure Bond – IDFC Long Term Infrastructure Bond is a post from: First Blog for Indian Financial Market

swadhar logoThe International Finance Corporation (IFC) which is a part of World Bank group, is planning to acquire 20 per cent shareholding in Swadhaar FinServe (SPFL) with an equity investment of Rs 10 crore(US$2.25 million approximately).
Swadhar Finservie an urban microfinance institution based operating in Mumbai and it’s surroundings and has 27 outlets in Mumbai, Baroda and [...]

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belstar hand in handNMI Frontier Fund today announced an investment of approximately INR 4,00,00,000 (USD 900,000) into Belstar Investment and Finance, an microfinance institution operating principally in the Southern Indian states of Tamil Nadu and Pondicherry.
Belstar is a non-bank financial company that is affiliated with Hand-in-Hand, a large, well-established non-governmental organization (NGO) focused on livelihood promotion. Hand-in-Hand is [...]

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