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Bajaj Finance to raise $400-M from IFC
Business Line Bajaj Finance Ltd (BFL)
The International Finance Corporation (IFC) will provide a USD 400 million loan to Pune-headquartered Bajaj Finance Ltd (BFL) , a non-banking financial company (NBFC). This funding, part of BFL’s USD 1 Billion fundraising initiative, aims to expand access to climate finance for electric vehicles (EVs) and energy-efficient consumer goods (EECG) in India.The investment is set to boost competitiveness in the climate finance sector, align with national climate goals, and enhance financial inclusion across the country.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.