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BFL Loan FY25

Sector: Electric Vehicles (EVs) • Location: India

Source: International Finance Corporation (IFC)

Project
Active

 The proposed Project envisages an investment in Bajaj Finance Limited (BFL or the Company), one of India’s largest non-banking finance companies (NBFC). IFC will provide up to US$400 million from its own account to help mobilize up to US$600 million from other lenders. US$100 million of the IFC loan will be dedicated to supporting the Company’s microfinance loans to women-owned microenterprises a

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The project “BFL Loan FY25” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

 The proposed Project envisages an investment in Bajaj Finance Limited (BFL or the Company), one of India’s largest non-banking finance companies (NBFC). IFC will provide up to US$400 million from its own account to help mobilize up to US$600 million from other lenders. US$100 million of the IFC loan will be dedicated to supporting the Company’s microfinance loans to women-owned microenterprises and women micro-borrowers for income generation purposes (through individual and group lending). The remaining amount of up to US$300 million will be for climate finance and will support the Company’s loans to individuals for the purchase of electric vehicles (EVs) and energy efficient consumer goods (EE CGs).                                                  

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High

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100%

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