World Bank

Economy

08 October, 2020

South Asia faces worst-ever recession, India GDP to shrink 9.5%: World Bank

Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity ......

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Finance

05 October, 2020

A peek into PE investors' returns as Suryoday SFB files for IPO

Suryoday Small Finance Bank Ltd (SFB) has filed its draft prospectus with Securities and Exchange Board of India (SEBI) to ......

Finance

25 September, 2020

IFC adopts new climate rules to deter lenders from backing coal

The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to...

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Manufacturing

22 September, 2020

Ramkrishna Forgings to raise fresh capital from existing investor

Diversified metals manufacturer Ramkrishna Forgings Ltd will raise fresh capital from an existing investor as it seeks to finance...

Finance

30 July, 2020

IFC launches $4 bn medical supply financing platform for developing countries

The World Bank Group's private sector arm said on Wednesday it was launching a $4 billion financing platform aimed at ......

Economy

09 June, 2020

Coronavirus to shrink Indian economy by 3.2% in FY21: World Bank

The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning ......

Finance

01 June, 2020

IFC to offer $35 mn in debt funding to JK Paper

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, is looking to invest up to $35 million...

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Finance

19 May, 2020

GIC, Sunil Mittal invest in a small finance bank

Singapore sovereign wealth fund GIC Pte. Ltd and Bharti Enterprises founder Sunil Bharti Mittal have invested in a small finance...

Manufacturing

04 May, 2020

IFC-backed Polycab buys out Ryker stake from Singapore JV partner Trifigura

Cable and wire manufacturer Polycab India Ltd, which owned 50% stake in Ryker Base Pvt. Ltd, will acquire the remaining ......

Economy

14 April, 2020

Barclays slashes India's GDP forecast as govt extends lockdown

UK’s Barclays bank has cut India’s GDP forecast to 0.8%, from an earlier estimate of 3.5% for the financial year ......

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