IFC proposes to invest $150m in India's Cholamandalam Investments

IFC proposes to invest $150m in India's Cholamandalam Investments

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest $150 million in Cholamandalam Investments & Finance Company Limited (CIFCL), one of the leading asset financing NBFCs in India, according to a disclosure.

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