Photo for representation purposes only. (Source: Reuters)Photo for representation purposes only. (Source: Reuters)The World Bank's private-sector arm on Wednesday launched $2.5 billion, rupee-denominated bonds to fund infrastructure investments in the country, the International Finance Corporation (IFC) said in a statement.
"Under the programme, IFC will use a combination of rupee-denominated bonds and swaps to raise local-currency financing of up to $2.5 billion, or Rs 150 billion, over the next five years," the statement said.
(Reuters)
RBI cuts rates: Edelweiss AMC says short-duration debt funds offer best value now
RBI's bold rate cut signals growth focus as Budget nears
Putin’s visit to India strengthens bilateral ties with key agreements across sectors. Check details
'IndiGo failed to plan crew requirements': DGCA orders inquiry into airline's flight disruptions
IndiGo flight chaos: Bengaluru flights to Delhi, Mumbai cancelled till midnight. Airport issues advisory
Big RBI Move! ₹1.5 Lakh Crore Liquidity Surplus & Cheaper Loans | 78 bps Rate Drop
Historic! India Records 0.3% Inflation & 8.2% GDP Growth - A Rare Goldilocks Moment
Inflation At Record Low, Growth Outlook Strong, RBI Upgrades India’s GDP Forecast To 7.3%
PM Modi: Despite Global Crises, India–Russia Bond Stands Firm Like A Pole Star |Joint Press Briefing
Rupee at 90: RBI’s Calculated Move? Expert Explains Market Impact
Meesho IPO Day 3: Issue subscribed over 79 times on final day; check allotment date & latest GMPRBI's bold rate cut signals growth focus as Budget nears
Cloudflare outage briefly hits Zerodha, Groww & other services
Earnings cut cycle to resume post Q4 results, warns Aditya Khemka of InCred Asset Management 
BEML inks MoU for maritime financing after securing two orders in two days 