IFC extends $500 million financing to HDFC Financial institution to ramp up microloans

IFC has prolonged $500 million financing to HDFC Financial institution to ramp up microloans to underserved girls debtors in India.  Ladies, particularly microloan debtors in semi-urban and rural areas, may have elevated entry to finance with IFC financing of as much as $500 million to HDFC Financial institution,” IFC and the Financial institution stated in … Read more

Centre will increase outlay for Tea Growth & Promotion Scheme

To increase higher assist to the tea sector, the outlay for the Tea Growth and Promotion Scheme has been elevated by 82 per cent to ₹528.97 crore for the subsequent two monetary years, per the Commerce Division. The scheme has a particular give attention to growth of self-help teams and farmer-producer organisations, based on Amardeep … Read more