Latest


IFC plans to lend $50M for Rabobank India

  •   Mon, May 31 2021 10:28:56 AM

Chennai, May 31 (IANS): International Finance Corporation (IFC) part of the World Bank group plans to lend up to $50 million to Rabobank India, the Indian branch of Netherlands-based Rabobank.

According to IFC, the loan will be of five year tenor and it aims to support Rabobank India's efforts to expand its lending programme to climate smart agriculture (CSA) and renewable energy projects.

The IFC and Rabobank India are also in discussions on the former's advisory services aiming to assist the latter in strengthening its internal knowledge of selected agriculture value chain players in some geographies in India as well as the design of lending products needed to finance CSA solutions.

The Netherlands based Rabobank is a major in retail banking and in the food and agri business markets worldwide. It has one branch in India in Mumbai.

Rabobank India deals with international wholesale banking activities with Indian clients as well as Dutch clients operating in India.
  

Top Stories


Leave a Comment

Title: IFC plans to lend $50M for Rabobank India



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like