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World Bank Group's International Finance Corporation to Invest on HDFC

  World Bank Group's International Finance Corporation to Invest on HDFC World Bank's International Finance Corporation (IFC) will make an obligation speculation of up to $250 million (roughly Rs 186 crore) in Housing Development Finance Corporation (HDFC).  "The proposed speculation contains a senior obligation venture of up to $250 million in HDFC Ltd (HDFC or the Company). The advance continues will be utilized to give retail purchasers financing to moderate lodging with a commonly concurred segment of IFC subsidizing to be reserved for green reasonable lodging," IFC reported on its site.  In particular, IFC said it will inform HDFC on numerous angles concerning the moderate green lodging section including its latent capacity and effect, the certificates and likely pipeline of undertakings, as it keeps on building an industrially reasonable green moderate lodging resource class. In accordance with the Indian government's "Lodging for All by 2022" driv...