The International Finance Corporation (IFC) and two investment funds managed by IFC Asset Management Company — IFC Financial Institutions Growth Fund, LP and IFC Emerging Asia Fund, LP — have made an equity investment of $126 million (Rs 916 crore) for a 4.99% stake in India’s Federal Bank Limited (FBL).
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in