IFC setting up 3 funds to buy out stressed assets in India

“We are working on different funds — one for corporate, one for SMEs (small and medium enterprises), one for retail,” IFC said.

IFC setting up 3 funds to buy out stressed assets in India

The International Finance Corporation (IFC) is setting up three funds to acquire as much as a fifth of the stressed assets that emerge from India’s ongoing resolution of bank debt that’s gone bad. The World Bank’s private finance arm will aim

IFC Plans $6 Billion Investment In India

IFC Plans $6 Billion Investment In India

International Finance Corporation (IFC), a World Bank Group member, is planning to invest up to $6 billion in India over the next five years to support initiatives in renewable energy and green buildings, said a top official of the institution.