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The IFC will invest $400 million in Bajaj Finance to boost climate finance and financial inclusion in India.
The International Finance Corporation (IFC) plans to invest $400 million in Bajaj Finance Ltd (BFL) as part of a $1 billion fundraising initiative.
This investment aims to enhance access to climate finance for electric vehicles and energy-efficient consumer goods in India, support national climate goals, and promote financial inclusion.
BFL intends to increase its climate loans significantly by 2027 and support women-owned microenterprises through this funding.
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La IFC invertirá 400 millones de dólares en Bajaj Finance para impulsar el financiamiento climático y la inclusión financiera en la India.