How IFC bumped up India exposure as shadow banking crisis worsened

By Bruhadeeswaran R

  • 24 Oct 2019
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Credit: 123RF.com

International Finance Corporation (IFC) increased its annual commitment to India almost four times for the year through June 2019, as the South Asian nation remained the World Bank arm's top investment destination. IFC's India exposure crossed $8 billion as it committed $1.9 billion in 2018-19, compared with $525 million the previous ......

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