logo

Silver

Sector: Raw Materials • Location: India

Source: International Finance Corporation (IFC)

Project
Active

The proposed Project comprises a primary equity investment for a 4.99 percent stake in Federal Bank Limited (FBL or the Bank), the seventh largest private sector bank in India, for approximately US$126 million, by International Finance Corporation (IFC), IFC Financial Institutions Growth Fund, LP (FIG), and IFC Emerging Asia Fund, LP (EAF). The primary equity will strengthen the Bank's Tier 1 capi

Project Information FAQ

Project Information

5 Q
The project “Silver” is an infrastructure initiative in the Raw Materials sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

active

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

The proposed Project comprises a primary equity investment for a 4.99 percent stake in Federal Bank Limited (FBL or the Bank), the seventh largest private sector bank in India, for approximately US$126 million, by International Finance Corporation (IFC), IFC Financial Institutions Growth Fund, LP (FIG), and IFC Emerging Asia Fund, LP (EAF). The primary equity will strengthen the Bank's Tier 1 capital adequacy ratio, to position itself for post-COVID-19 growth opportunities, particularly in the MSME and climate finance segments. The Project will support the Bank's commitment to financial inclusion (with a focus on MSMEs) and help it operationalize its strong commitment to sustainability and climate finance. The proposed transaction is subject to all required approvals.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data