The framework, as approved by the Sub-Committee of the Financial Stability and Development Council, lays down five strategic objectives towards elevating the state of financial inclusion in the country.

This new funding round will enable Dugar Finance to expand its secured lending operations to micro-, small-, and medium-sized enterprises (MSMEs) and underserved commercial vehicle borrowers in Tier-2 to Tier-6 regions across India.

The research shows that digital payment platforms, mobile wallets, micro-lending applications, and Unified Payments Interface services have become the primary entry points into formal finance for many first-time users.

H-DREAM Fund is among the first private credit funds globally focused on increasing sustainable affordable and mid-income housing in urban India.

Villgro has announced that the innovative financing solutions powered by Villgro and its partner organizations have, to date, enabled 106 women micro entrepreneurs across India to take business loans.

With support from The Coca-Cola Foundation, Accion will partner with financial service providers in Bangladesh, Ghana, India, and Mexico to address challenges faced by women when accessing financial services.

The program is currently inviting applications from startups working on gender-inclusive financial solutions, targeting those with a demonstrable minimum viable product and having received pre-seed to pre-Series A funding, or generating revenues or traction.

This long-tenor co-financing arrangement is one of its kind in the Indian microfinance industry, representing a significant step in strengthening CA Grameen's funding profile to further its mission of providing affordable financial services to women entrepreneurs across India.

The funding aims to increase competitiveness in the climate finance market, support the country’s climate goals, and promote financial inclusion.

This is IFC’s first blue investment in India and the first blue transaction by a financial institution in the country.