India’s Federal Bank has raised 9.59 billion Indian rupees ($116.92 million) via preferential issues of shares to the International Finance Corporation (IFC), a member of the World Bank Group.
Expecting FDI to increase to USD 100 bn/annum in coming years: DPIIT Secy
New Delhi is receiving USD 70-80 billion in foreign direct investments annually and aims to reach USD 100 billion per year. The government is easing