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Latest Articles in world bank

World Bank Arm IFC Holds Nearly 5% Stake In Federal Bank With Rs 916 Cr Capital Infusion

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

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Indian Govt Needs To Do More To Convince Banks, NBFCs To Lend To MSMEs: AIIB Senior Economist

The whole world is turning more protectionist and it is going to have long-term impact on the global recovery, he emphasised.

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Stock Market Daily Updates: 23 July 2021

Traders will be concerned as former World Bank chief economist Kaushik Basu said India's wholesale price-based inflation is at a 30-year high, leading to a very alarming situation for the country.

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India's Inflation Situation 'Very Alarming'; Needs Better Curation Of Policy Between RBI, Finmin: Kaushik Basu

The wholesale price-based inflation eased marginally to 12.07 per cent in June as crude oil and food items witnessed some softening in prices, while retail inflation slipped a tad to 6.26 per cent in June although it remained above the comfort level of the Reserve Bank for the second consecutive month in a row.

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Over $157 Billion Deployed In Last 15 Months To Fight Covid Pandemic: World Bank

This represents an increase of more than 60 per cent over the 15-month period prior to the pandemic, the bank said on Monday.

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World Bank Approves USD 500 Mn Loan To Support India's Informal Working Class Amid Pandemic

States can now access flexible funding from disaster response funds to design and implement appropriate social protection responses.

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Federal Bank Board Approves Rs 916cr Fund Raise From IFC

Equity shares up to 104,846,394 at a price of Rs 87.39 each aggregating to approximately Rs 916.25 crore are proposed to be allotted to IFC, IFC Financial Institutions Growth Fund, LP (FIG) and IFC Emerging Asia Fund, LP (EAF),

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Strategizing For Taking Indian PSUs On A Higher Growth Path

There is need to have an inclusive approach towards state PSUs to transfer new ideas, technology and knowledge in the public sector space to them also, to increase the net contribution of the PSU eco system towards the GDP of the country.

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Brokerages Downgrade India's GDP Growth Projections For FY'22 Amid Resurgence Of Covid Cases

The RBI has projected FY'22 GDP growth at 10.5 per cent, while IMF puts it at 12.5 per cent. The World Bank sees 2021-22 growth at 10.1 per cent.

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IFC To Invest USD 100 Mn In JC Flowers India Fund To Help Resolve Npas

The Reserve Bank of India's (RBI) estimates that a second wave of the pandemic could potentially cause non-performing loans to reach USD 200 billion, which nearly 15 per cent of gross loans by September 2021.

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Innovative India Must Capture All Segments Of Financial Market To Fuel Growth: IMF

The non-bank financial system can be better seen, and capital markets have to be deepened and made more robust, he said during the last week’s annual Spring meeting of the IMF and the World Bank.

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FM Urges World Bank Group To Sustain Crisis Response To Mitigate COVID-19 Impact

The Government of India has taken several measures to contain the spread of the pandemic and also to mitigate its social and economic impact including a series of economic stimulus packages in the past one year

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World Bank-Supported 'Noorbagh Crewel Artisan Cluster' Gets Registered As Producers-Owned Co

The artisan cluster has been issued the certificate of incorporation by the Ministry of Corporate Affairs under the name 'Nooraari Crafts Producer Company Limited', an official spokesman said here.

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Faster Global Growth Driven Primarily By US, China And India: World Bank President

The World Bank and the IMF are working closely together to have successful implementation of the G20's Common Framework to deal with unsustainable debt situations.

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How Indian Women Entrepreneurs Are Making Their Mark In India’s Booming Startup Industry

The ability to juggle many roles at work and at home makes them better at managing time and priorities, leading to almost doubling their efficiencies and leading to an overall impact on the country’s growth and future.

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