Tag: Hemalata Mahalingam

IFC to invest $200 Mn in Mahindra Finance to boost MSME Lending

IFC, a part of the World Bank Group, has anchored an investment round of $200 million in Mahindra & Mahindra Financial Services Ltd. Mahindra Finance to create a dedicated pool of financing for micro, small and medium enterprises (MSMEs) in low-income states. At least $100 million will be earmarked for womenowned MSMEs. IFC has invested…