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IFC FUNDING FOR MSMES
Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to SidbiIndia secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small...- ET Startup Awards 2026: Nominees for Woman AheadThis award recognises women entrepreneurs who have built their own ventures and are competing with the best in the industry. To qualify, no...
- World Bank's private arm IFC plans to double India investments to $10 bn by 2030: MD Makhtar DiopThe International Finance Corporation (IFC) intends to double its annual investments in India to $10 billion by 2030, emphasizing urbanizat...
- NITI Aayog lays out a roadmap to boost competitiveness of MSMEsIn a report on ‘Enhancing MSMEs Competitiveness in India’, jointly prepared by NITI Aayog and the Institute for Competitiveness (IFC), the ...
- Profectus Capital secures $25 million investment from IFC to accelerate India’s climate goalsThe funding, structured as green bonds, will facilitate MSMEs' access to energy-efficient equipment, promoting sustainable growth and reduc...
- Vayana raises $20 million in funding round led by SMBC AsiaTrade finance platform Vayana raised $20.5 million in Series D funding, led by SMBC Asia Rising Fund. Existing investors including IFC and ...
- Budget 2023-24 will give boost to fund-starved sectors: MSME secretary Swain"The government has acknowledged the contribution of MSMEs to the economic growth of the country. Union Budget 2023-24 has given a boost to...
- IFC MD calls on FM; discusses lending opportunities in IndiaShe reiterated India's expectation of a rise in IFC's lending to India to USD 2-2.5 billion in the next 1-2 years and USD 3-3.5 billion in ...
- IFC, PayU invest Rs 114 crore in Vayana Network to increase formal trade credit to MSMEsSCF in India is a $100 billion per month opportunity for financial institutions and 53% of organisations are underserved in terms of credit...
- World Bank arm IFC holds nearly 5% stake in Federal Bank with Rs 916 crore capital infusionIncreased financing for climate-friendly projects as well as more financing for small businesses to help accelerate India's economic recove...
- IFC to channel $200mn into Shriram Transport FinanceShriram Transport Finance is the largest financier of commercial vehicles in India, focused on MSMEs that are economically weak and have li...
- IFC to lend half of $200 million support to Shriram Transport FinanceThe institution also said the first tranche of USD 82 million has already been disbursed, which has half the contribution from IFC, while t...
- MSMEs, India's growth engine, face a Rs 16 lakh crore credit gapEstimation of debt requirement for India's MSME sector point to colossal credit gaps with total demand far outstripping the available suppl...
- MSME Day: As the IL&FS crisis unfolded, IFC responded swiftly to provide succorThe World Bank's private-sector lending arm and the largest global development institution focused extensively on the Indian NBFC sector to...
- Cholamandalam Investment raises $222 million from IFCThe investment also diversifies CIFCL's funding sources.
- ITSL partners with Flexiloans, others to fulfil MSMEs short-term capital needsITSL has partnered with leading digital lending firms including Flexiloans, Capital Float & Arthimpact to facilitate MSME’s access to unsec...
- IFC to invest in new-generation NBFCs' bonds to finance developmentNBFCs such as Capital First and Fullerton India Credit Company have just received commitment from IFC for $50 million and $100 million resp...
- Capital First to raise $50 million from IFCThe funding will be used for lending to women-owned small and medium enterprises, IFC said in a disclosure.
- Small business lender Kinara Capital raises funding from Michael & Susan Dell FoundationKinara Capital was set up by former Accenture executive Hardika Shah in 2011. The firm provides collateral free loans in the range of Rs 50...
- Take steps to ensure more funds to small units: MSME MinistryThe Micro, Small and Medium Enterprises Ministry has asked the Finance Ministry to take steps to increase lending and reduce cost of funds.
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