Increased financing for climate-friendly projects as well as more financing for small businesses to help accelerate India's economic recovery from COVID-19 are expected in the wake of a USD 126 million (Rs 916 crore) equity investment in the bank, IFC and Federal Bank said in a joint release on Thursday.source https://economictimes.indiatimes.com/industry/banking/finance/banking/world-bank-arm-ifc-holds-nearly-5-stake-in-federal-bank-with-rs-916-crore-capital-infusion/articleshow/84856214.cms
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