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IFC Provides HDFC a $400 million Loan

Focusing on the private sector in emerging nations, IFC calls itself the biggest international development agency. It claims to have invested more than $1.7 billion in Indiau2019s housing finance firms since 2010 in order to provide on-lending to both affordable and green home developers and retail buyers of affordable housing.

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IFC Provides HDFC a $400 million Loan

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  1. Search here ...  IFC Provides HDFC a $400 million Loan   Home - Fund Raising - IFC Provides HDFC a $400 million Loan  Fund Raising  December 26, 2022        The International Finance Corporation (IFC), the investment arm of the World

  2. Bank, has pledged to provide HDFC Ltd. $400 million to encourage the construction of green housing in India (about 3,400 crore).  The company stated that the revenues from the transaction will be used to increase HDFC’s portfolio of affordable, green homes by 75%, or around $300 million.  They are dedicated to helping India’s efforts for a sustainable and green, low-carbon economy, and we are eager to expand our footprint in sponsoring affordable and environmentally friendly homes.  The government’s goal of providing housing for everyone would be supported by this investment, according to Renu Sud Karnad, managing director of HDFC Ltd. This investment will enable HDFC’s efforts to cater to the underserved parts of the population get off the ground, she added.  Additionally, the lending framework will create tight standards for green projects, allowing HDFC to support the market while also promoting a pipeline of high-quality green houses.   The 몭rm will also be able to lend to borrowers with the aid of IFC’s 몭nancial package, ensuring that they may afford such homes, the statement continued.  Earlier in April, HDFC Ltd. decided to merge with its banking unit HDFC Bank. A $160 billion 몭nancial services giant that will be better positioned to bene몭t on the rising demand for mortgages will be created.   Outcome  As a result, of its agreement to merge with its parent 몭rm, the biggest mortgage lender in the country, in an all-stock transaction for around $64 billion.  Focusing on the private sector in emerging nations, IFC calls itself the biggest international development agency. It claims to have invested more than $1.7 billion in India’s housing 몭nance 몭rms since 2010 in order to provide on-lending to both affordable and green home developers and retail buyers of affordable housing. 

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  4. Latest Update RECENT POPULAR COMMON  December 26, 2022 IFC Provides HDFC a $400 million Loan   December 26, 2022 Nifty Bank Outlook: Index Under Pressure; PSU Bank Stocks Should Be Sold For Gains    December 26, 2022 The Godrej Emphasises the Role of Indian Farmers to the Formation of Country   December 25, 2022 iRasus, A Startup In Deep Tech, Raises Money In A Seed Round  Most Viewed  December 14, 2022 In A Seed Funding Round, Contlo Raises $3.5 Million  

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  6.  December 26, 2022 IFC Provides HDFC a $400 million Loan   December 26, 2022 Nifty Bank Outlook: Index Under Pressure; PSU Bank Stocks Should Be Sold For Gains    December 26, 2022 The Godrej Emphasises the Role of Indian Farmers to the Formation of Country  Newsletter

  7. Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email address  About Indiabiz Recent Post  December 26, 2022 IFC Provides HDFC a $400 million Loan   December 26, 2022 Nifty Bank Outlook: Index Under Pressure; PSU Bank Stocks Should Be Sold For Gains    December 26, 2022 The Godrej Emphasises the Role of Indian Farmers to the Formation of Country  Popular Categories Trending Post Campaigns Digital Media In A Seed Funding Round, Contlo Raises $3.5 Million   Fund Raising Marketing

  8. $3.5 Million   Markets Politics Startups Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations  Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors  © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz

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