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City Union Bank receives $50 million from IFC to support MSME solutions
The Morning Standard
|November 01, 2025
CITY Union Bank on Friday announced that it has secured $50 million commitment from International Finance Corporation (IFC), a member of World Bank Group. The financing is aimed at supporting MSMEs in transitioning to energy-efficient and cost-effective solutions.
The bank said IFC’s investment will help it to support sustainable development. By driving innovation and adoption of green energy solutions, this partnership will support India’s efforts to accelerate its transition to net-zero by 2070 and in doing so, promote long-term economic resilience.
Cette histoire est tirée de l'édition November 01, 2025 de The Morning Standard.
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