IFC considers equity investment of $120m in India's Federal Bank

IFC considers equity investment of $120m in India's Federal Bank

IFC/World Bank HQ. Photo: IFC

World Bank Group member International Finance Corporation (IFC) is considering a primary equity investment of Rs9.84 billion (approximately $120 million) in Federal Bank Limited, the seventh largest private sector lender in India.

Edited by: Padma Priya

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