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MIGA GUARANTEE FUND
IIFCL to raise up to $1 billion through MIGA guarantee fund this quarter to foster infra sector: MDIndia Infrastructure Finance Company Ltd plans to raise up to USD 1 billion. This will be done through the MIGA guarantee fund in the curre...- IIFCL set to cross Rs 1 lakh cr loan milestone, eyes doubling assets in 3 yearsIIFCL is confident that by FY2027, its loan portfolio will soar past Rs 1 lakh crore. To achieve this ambitious target, the company is focu...
- World Bank to offer $8-10b annually for 5 years to fuel India's growth, jobsIn an ambitious move, the World Bank Group has committed to funneling $8-10 billion each year into India over the next five years. This gro...
- World Bank commits USD 8-10 bn annual financing in India over next 5 yearsThe World Bank Group and India have launched a new Country Partnership Framework, pledging $8-10 billion annually for five years to fuel In...
- IIFCL's $500-m ECB oversubscribed five times, at lowest costIndia Infrastructure Finance Co. Ltd. successfully raised $500 million through external commercial borrowing. The borrowing was oversubscri...
- NaBFID plans $500-m bond issue with MIGA guaranteeNaBFID is seeking a credit guarantee from MIGA for its inaugural $500 million dollar bond sale, aiming to finance green and renewable proje...
- India's economy, growing at 6.4%, will remain IFC's largest portfolio: MD Makhtar DiopIFC plans to significantly increase its annual commitment to India, aiming for $10 billion by 2030, focusing on urban transformation and st...
- ISA, MIGA set up multi-donor trust fund to support solar projectsThe Multilateral Investment Guarantee Agency (MIGA) and the International Solar Alliance (ISA) have launched a fund to support solar projec...
- MIGA to expand India footprint, help in energy transition: OfficialsMIGA typically promotes cross-border investment in developing countries by providing guarantees and credit enhancement tools to induce inve...
- MDBs need different approaches to draw in private financing and achieve their full potentialSpeaking at COP28 UAE, N K Singh said MDBs mobilising and galvanising private financing requires a multi-year strategic and whole-of-instit...
- World Bank must become bigger to be relevant for 4 decades: Ajay BangaThe bank will soon approach its shareholders proposing a capital increase and redefinition of its mandate, he added. "I'm definitely going ...
- Dedicated Freight Corridor Corporation of India Ltd raises $100 million from Japan's MUFGThe loan gas been backed by a credit enchancement guarantee by the Multilateral Investment Guarantee Agency (MIGA), a member of the World B...
- View: India needs to look within, to make do withoutThe headstart India had in the 1990s has been built upon by successive governments, and today India is no longer dependent on these interna...
- Estimates suggest much deeper global downturn due to coronavirus pandemic than Great Recession: World BankWorld Bank President David Malpass said while the tragic impacts of the COVID-19 pandemic are being felt globally, this crisis will likely ...
- It is time to re-orient the World BankA new World Bank leadership can provide it with the impetus needed to face new global realities
- IFC provides $165 million financing package to help meet Bangladesh’s energy needsThe financing will be through a combination of a $103-mn loan from IFC’s own account and an additional $62 mn mobilized through partners.
- World Bank arm assesses new complaint against Vizhinjam portCAO is assessing a new complaint that alleges the proposed multi-purpose sea port at Vizhinjam in Kerala would adversely impact farm lands.
- CAO begins audit of International Finance Corp's $450mn funding in Tata Power's project in MundraWorld Bank's audit arm CAO is reviewing a $450 million funding for Tata Power's power project in Mundra, Gujarat.
- South Sudan joins World Bank, IMFOil-rich South Sudan, the world's newest nation and one of the least developed countries, has joined the World Bank Group and the IMF.
- Govt to float Rs 600-cr fund to cover foreign bizWith India Inc acquiring overseas businesses worth over $5 billion last year and most of it in hot spots like Sudan, Russia and Nepal, the ...
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