IFC proposes to extend up to $150m debt to Indian NBFC HBD Financial Services

IFC/World Bank HQ. Photo: IFC

International Finance Corporation, a part of the World Bank Group, has proposed to invest up to Rs 9,750 million (around $150 million) in HDB Financial Services Ltd, a non-banking financial services arm of Indian banking giant HDFC Bank Ltd.

Continue reading this story with a subscription to DealStreetAsia.