IFC commits $400 million to Bajaj Finance to help boost climate finance, empower women

Quick Summary:

This funding will broaden financing options for customers purchasing electric vehicles and energy-efficient appliances in India.

IFC, part of the World Bank Group, has pledged $400 million to Bajaj Finance Ltd.

The initiative aims to bolster India's climate goals, promote financial inclusion, and encourage the adoption of sustainable technologies.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaChina

Topics: Electric vehicles financing IFC investment Women empowerment Climate finance Business news Bajaj Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 12:28:30 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 625 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23457454

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